Finding Firms with Largest Delta in Net COVID Sentiment
library(tidyverse)
library(ggplot2)
library(dplyr)
library(lubridate)
library(corrr)
library(haven)
library(lme4)
library(broom.mixed)
library(ggrepel)
library(ggpubr)
library(ggpmisc)Read in data file
firms <- read_dta('../data/firmquarter_2022q1.dta')
firms NAFind entries whose COVID Net Sentiment isn’t 0
NonZero_Firms <- firms |>
filter(`Covid_Net_Sentiment` != 0) |>
filter(hqcountrycode=='US') |>
mutate(Day_of_EarningsCall=dmy(date_earningscall))
NonZero_Firms Find firms (and their earnings calls) the largest Deltas in their Net COVID Sentiments over time.
Min_Max_Net_COVID_Sentiments <- NonZero_Firms |>
group_by(company_name) |>
mutate(Min_Net_COVID_Sentiment=min(Covid_Net_Sentiment)) |>
mutate(Max_Net_COVID_Sentiment=max(Covid_Net_Sentiment)) |>
mutate(Delta_Net_COVID_Sentiment=Max_Net_COVID_Sentiment - Min_Net_COVID_Sentiment) |>
arrange(desc(Delta_Net_COVID_Sentiment))
# arrange(desc(ticker)) |>
# arrange(Day_of_EarningsCall)
Min_Max_Net_COVID_Sentiments NAFind top firms with the largest Deltas in their Net COVID Sentiments over time.
# Top_Firms <- Min_Max_Net_COVID_Sentiments |>
# distinct(company_name)
# Top_Firms
# write_csv(Top_Firms, '../data/Top_Firms.csv')
# Dates_Min_Max_Net_COVID_Sentiments <- Min_Max_Net_COVID_Sentiments |>
# group_by(company_name) |>
# filter(Covid_Net_Sentiment==Min_Net_COVID_Sentiment | Covid_Net_Sentiment==Max_Net_COVID_Sentiment) |>
# arrange(desc(Delta_Net_COVID_Sentiment))
#
# Dates_Min_Max_Net_COVID_Sentiments
# write_csv(Dates_Min_Max_Net_COVID_Sentiments, '../data/Dates_Min_Max_Net_COVID_Sentiments.csv')
Find unique ticker symbols:
# Tickers <- Dates_Min_Max_Net_COVID_Sentiments |>
# group_by(company_name) |>
# distinct(ticker)# US_Tickers <- read_csv('../data/DescendingUSTickers_Extended.csv')
#
# US_Tickers <- US_Tickers |>
# distinct(ticker)
# write_csv(US_Tickers, '../data/US_Tickers.csv')
Insert industry info via join:
# Industries <- read_csv('../data/CompanyName_Ticker_Industry.csv')
# Industries
# Industries <- Industries |>
# select(-ticker)
# Industries
# Net_COVID_Sentiments_Industries <- Min_Max_Net_COVID_Sentiments |>
# inner_join(Industries, by=join_by(company_name))
#
# Net_COVID_Sentiments_Industries
Exporting data for fetching of share price data: Arranging tickers by descending order in order to place the entries without tickers at the end
# SharePrice_Write_CSV_Prep <- Net_COVID_Sentiments_Industries |>
# arrange(desc(ticker)) |>
# arrange(desc(Industry))
#
# write_csv(SharePrice_Write_CSV_Prep, "../data/Descending_Ticker_Industry.csv")
Closing_Share_Price_Across_Time_AllYears <- read_csv('../data/Descending_Ticker_Industry_SharePrice.csv')Warning: One or more parsing issues, call `problems()` on your data frame for details, e.g.:
dat <- vroom(...)
problems(dat)Rows: 16440 Columns: 46── Column specification ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Delimiter: ","
chr (6): company_name, hqcountrycode, isin, cusip, ticker, Industry
dbl (32): gvkey, date, PRisk, NPRisk, Risk, PSentiment, NPSentiment, Sentiment, PRiskT_economic, PRiskT_environment, PRiskT_trade, PRiskT_institutions, PRiskT_health, PRiskT_secu...
lgl (5): Brexit_Exposure, Brexit_Neg_Sentiment, Brexit_Pos_Sentiment, Brexit_Net_Sentiment, Brexit_Risk
date (3): Date_Before_EarningsCall, Day_of_EarningsCall, DayAfter_EarningsCall
ℹ Use `spec()` to retrieve the full column specification for this data.
ℹ Specify the column types or set `show_col_types = FALSE` to quiet this message.Closing_Share_Price_Across_Time <- Closing_Share_Price_Across_Time_AllYears |> filter(Day_of_EarningsCall > 2019-12-31)
Closing_Share_Price_Across_Time# Closing_Share_Price_Across_Time_dates <- Closing_Share_Price_Across_Time |> mutate(date_earningscall=dmy(date_earningscall))
# Closing_Share_Price_Across_Time_dates
Examines Net COVID Sentiment across industries over time:
Side note: Advertising Agencies is the reference Industry
lm(log(Covid_Net_Sentiment) ~ c(Industry) + Day_of_EarningsCall + Covid_Exposure, data=Closing_Share_Price_Across_Time) |>
summary()Warning: NaNs produced
Call:
lm(formula = log(Covid_Net_Sentiment) ~ c(Industry) + Day_of_EarningsCall +
Covid_Exposure, data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-5.2551 -0.4491 -0.0324 0.4203 2.1982
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) -3.720e+00 7.978e-01 -4.662 3.22e-06 ***
c(Industry)Aerospace & Defense -1.844e-01 1.478e-01 -1.248 0.21226
c(Industry)Agricultural Inputs 5.464e-02 2.290e-01 0.239 0.81143
c(Industry)Airlines -3.516e-01 1.878e-01 -1.872 0.06130 .
c(Industry)Airports & Air Services 2.525e-02 6.327e-01 0.040 0.96816
c(Industry)Aluminum -5.822e-01 3.323e-01 -1.752 0.07989 .
c(Industry)Apparel Manufacturing -1.580e-01 1.610e-01 -0.981 0.32649
c(Industry)Apparel Retail 4.708e-02 1.576e-01 0.299 0.76524
c(Industry)Asset Management -7.489e-02 1.328e-01 -0.564 0.57288
c(Industry)Auto & Truck Dealerships -2.968e-01 1.677e-01 -1.770 0.07683 .
c(Industry)Auto Manufacturers -6.908e-02 2.628e-01 -0.263 0.79271
c(Industry)Auto Parts -1.138e-01 1.568e-01 -0.726 0.46788
c(Industry)Banks - Diversified -9.141e-01 3.018e-01 -3.028 0.00247 **
c(Industry)Banks - Regional -1.134e-01 1.279e-01 -0.886 0.37556
c(Industry)Beverages - Brewers -5.513e-01 3.323e-01 -1.659 0.09718 .
c(Industry)Beverages - Non-Alcoholic 1.582e-01 2.145e-01 0.737 0.46096
c(Industry)Beverages - Wineries & Distilleries -1.633e-01 3.019e-01 -0.541 0.58848
c(Industry)Biotechnology -4.683e-02 1.229e-01 -0.381 0.70311
c(Industry)Broadcasting -1.123e-01 1.648e-01 -0.682 0.49552
c(Industry)Building Materials -3.819e-01 3.323e-01 -1.149 0.25057
c(Industry)Building Products & Equipment -2.146e-01 1.503e-01 -1.427 0.15362
c(Industry)Business Equipment & Supplies 2.085e-01 3.777e-01 0.552 0.58091
c(Industry)Capital Markets -1.678e-01 1.992e-01 -0.842 0.39960
c(Industry)Chemicals -7.354e-02 2.087e-01 -0.352 0.72462
c(Industry)Coking Coal -2.407e-01 2.493e-01 -0.966 0.33423
c(Industry)Communication Equipment -2.010e-01 1.440e-01 -1.395 0.16302
c(Industry)Computer Hardware -1.297e-01 1.510e-01 -0.859 0.39045
c(Industry)Confectioners -1.911e-01 2.383e-01 -0.802 0.42253
c(Industry)Conglomerates -1.934e-02 1.771e-01 -0.109 0.91306
c(Industry)Consulting Services -2.477e-01 1.729e-01 -1.432 0.15217
c(Industry)Consumer Electronics -2.601e-01 2.145e-01 -1.212 0.22550
c(Industry)Copper -3.320e-01 3.323e-01 -0.999 0.31777
c(Industry)Credit Services -4.845e-01 1.517e-01 -3.193 0.00142 **
c(Industry)Department Stores -1.052e-01 2.493e-01 -0.422 0.67303
c(Industry)Diagnostics & Research -2.404e-01 1.294e-01 -1.857 0.06334 .
c(Industry)Discount Stores -3.574e-01 1.634e-01 -2.187 0.02876 *
c(Industry)Drug Manufacturers - General -3.715e-01 1.543e-01 -2.408 0.01608 *
c(Industry)Drug Manufacturers - Specialty & Generic -6.394e-02 1.349e-01 -0.474 0.63554
c(Industry)Education & Training Services -6.610e-02 1.662e-01 -0.398 0.69077
c(Industry)Electrical Equipment & Parts -3.071e-01 1.695e-01 -1.812 0.07000 .
c(Industry)Electronic Components -1.872e-01 1.557e-01 -1.202 0.22935
c(Industry)Electronic Gaming & Multimedia -5.728e-01 2.797e-01 -2.048 0.04066 *
c(Industry)Electronics & Computer Distribution -2.321e-02 2.212e-01 -0.105 0.91643
c(Industry)Engineering & Construction -2.981e-01 1.431e-01 -2.083 0.03728 *
c(Industry)Entertainment -1.973e-01 1.510e-01 -1.307 0.19131
c(Industry)Farm & Heavy Construction Machinery -3.483e-01 1.648e-01 -2.113 0.03464 *
c(Industry)Farm Products -5.697e-02 1.878e-01 -0.303 0.76166
c(Industry)Financial Conglomerates 1.498e-03 3.776e-01 0.004 0.99684
c(Industry)Financial Data & Stock Exchanges -3.848e-01 2.146e-01 -1.793 0.07306 .
c(Industry)Food Distribution -1.105e-01 1.711e-01 -0.646 0.51834
c(Industry)Footwear & Accessories -8.716e-02 1.948e-01 -0.447 0.65462
c(Industry)Furnishings, Fixtures & Appliances -1.136e-01 1.587e-01 -0.716 0.47403
c(Industry)Gambling -6.023e-02 1.913e-01 -0.315 0.75291
c(Industry)Gold -2.335e-01 2.036e-01 -1.147 0.25132
c(Industry)Grocery Stores -1.107e-01 1.878e-01 -0.589 0.55577
c(Industry)Health Information Services -2.715e-01 1.423e-01 -1.908 0.05644 .
c(Industry)Healthcare Plans -3.956e-01 1.799e-01 -2.199 0.02796 *
c(Industry)Home Improvement Retail -3.115e-01 2.213e-01 -1.408 0.15928
c(Industry)Household & Personal Products -7.899e-02 1.576e-01 -0.501 0.61636
c(Industry)Industrial Distribution -1.883e-01 1.634e-01 -1.153 0.24912
c(Industry)Information Technology Services -1.803e-01 1.431e-01 -1.260 0.20775
c(Industry)Infrastructure Operations 2.791e-02 6.326e-01 0.044 0.96482
c(Industry)Insurance - Diversified -1.599e-01 3.019e-01 -0.530 0.59644
c(Industry)Insurance - Life -2.305e-01 2.147e-01 -1.074 0.28307
c(Industry)Insurance - Property & Casualty -1.343e-01 1.621e-01 -0.829 0.40736
c(Industry)Insurance - Specialty -9.936e-02 2.087e-01 -0.476 0.63397
c(Industry)Insurance Brokers -3.579e-01 2.146e-01 -1.668 0.09536 .
c(Industry)Integrated Freight & Logistics -3.213e-01 1.772e-01 -1.814 0.06982 .
c(Industry)Internet Content & Information -2.252e-01 1.517e-01 -1.485 0.13770
c(Industry)Internet Retail -3.842e-01 1.795e-01 -2.140 0.03238 *
c(Industry)Leisure -2.487e-01 1.711e-01 -1.454 0.14608
c(Industry)Lodging 7.484e-02 2.382e-01 0.314 0.75340
c(Industry)Lumber & Wood Production 1.205e-01 2.797e-01 0.431 0.66671
c(Industry)Luxury Goods -2.739e-02 2.145e-01 -0.128 0.89840
c(Industry)Marine Shipping 1.083e-02 3.018e-01 0.036 0.97138
c(Industry)Medical Care Facilities -3.421e-01 1.433e-01 -2.387 0.01704 *
c(Industry)Medical Devices -2.199e-01 1.255e-01 -1.752 0.07979 .
c(Industry)Medical Distribution -3.187e-01 1.797e-01 -1.773 0.07623 .
c(Industry)Medical Instruments & Supplies -2.165e-01 1.335e-01 -1.622 0.10484
c(Industry)Metal Fabrication -3.939e-02 2.213e-01 -0.178 0.85875
c(Industry)Mortgage Finance -2.293e-01 2.493e-01 -0.920 0.35783
c(Industry)Oil & Gas Drilling 3.605e-01 4.550e-01 0.792 0.42826
c(Industry)Oil & Gas E&P -7.865e-02 1.623e-01 -0.485 0.62795
c(Industry)Oil & Gas Equipment & Services -1.221e-01 1.550e-01 -0.788 0.43063
c(Industry)Oil & Gas Integrated -3.529e-01 2.798e-01 -1.261 0.20721
c(Industry)Oil & Gas Midstream -2.302e-02 1.879e-01 -0.123 0.90246
c(Industry)Oil & Gas Refining & Marketing -1.243e-01 1.912e-01 -0.650 0.51580
c(Industry)Other Industrial Metals & Mining -4.901e-01 4.551e-01 -1.077 0.28158
c(Industry)Other Precious Metals & Mining 3.086e-01 4.550e-01 0.678 0.49776
c(Industry)Packaged Foods -3.091e-02 1.357e-01 -0.228 0.81982
c(Industry)Packaging & Containers -2.579e-01 1.587e-01 -1.625 0.10420
c(Industry)Personal Services -2.345e-01 1.948e-01 -1.204 0.22870
c(Industry)Pharmaceutical Retailers -2.055e-01 3.018e-01 -0.681 0.49598
c(Industry)Pollution & Treatment Controls -5.747e-02 2.493e-01 -0.231 0.81765
c(Industry)Publishing -1.004e-01 2.796e-01 -0.359 0.71966
c(Industry)Railroads -5.136e-01 2.145e-01 -2.394 0.01670 *
c(Industry)Real Estate - Development -7.443e-02 4.551e-01 -0.164 0.87009
c(Industry)Real Estate - Diversified 3.764e-01 3.776e-01 0.997 0.31896
c(Industry)Real Estate Services -3.016e-01 1.772e-01 -1.702 0.08889 .
c(Industry)Recreational Vehicles -3.308e-01 1.950e-01 -1.697 0.08984 .
c(Industry)REIT - Diversified 1.183e-01 1.879e-01 0.630 0.52903
c(Industry)REIT - Healthcare Facilities -2.696e-01 1.600e-01 -1.685 0.09201 .
c(Industry)REIT - Hotel & Motel -1.337e-01 1.567e-01 -0.853 0.39362
c(Industry)REIT - Industrial -2.049e-01 1.850e-01 -1.108 0.26804
c(Industry)REIT - Mortgage 2.111e-02 1.439e-01 0.147 0.88341
c(Industry)REIT - Office -2.825e-01 1.729e-01 -1.634 0.10235
c(Industry)REIT - Residential -2.851e-01 1.587e-01 -1.796 0.07250 .
c(Industry)REIT - Retail -2.542e-01 1.540e-01 -1.651 0.09884 .
c(Industry)REIT - Specialty 4.739e-02 1.677e-01 0.283 0.77751
c(Industry)Rental & Leasing Services -3.040e-01 1.848e-01 -1.646 0.09993 .
c(Industry)Residential Construction -1.317e-01 2.212e-01 -0.595 0.55181
c(Industry)Resorts & Casinos -3.121e-02 1.647e-01 -0.189 0.84976
c(Industry)Restaurants -1.733e-01 1.387e-01 -1.249 0.21164
c(Industry)Scientific & Technical Instruments -4.102e-02 1.634e-01 -0.251 0.80172
c(Industry)Security & Protection Services -2.881e-01 2.145e-01 -1.343 0.17937
c(Industry)Semiconductor Equipment & Materials -6.938e-02 1.491e-01 -0.465 0.64178
c(Industry)Semiconductors -1.892e-01 1.403e-01 -1.348 0.17765
c(Industry)Software - Application -2.114e-01 1.237e-01 -1.709 0.08756 .
c(Industry)Software - Infrastructure -2.256e-01 1.286e-01 -1.755 0.07941 .
c(Industry)Solar -2.360e-01 2.628e-01 -0.898 0.36930
c(Industry)Specialty Business Services -2.033e-01 1.496e-01 -1.359 0.17436
c(Industry)Specialty Chemicals -2.256e-01 1.377e-01 -1.638 0.10146
c(Industry)Specialty Industrial Machinery -1.614e-01 1.382e-01 -1.167 0.24314
c(Industry)Specialty Retail -4.057e-01 1.549e-01 -2.619 0.00886 **
c(Industry)Staffing & Employment Services 1.772e-01 1.795e-01 0.987 0.32362
c(Industry)Steel -6.923e-02 2.036e-01 -0.340 0.73389
c(Industry)Telecom Services -2.345e-01 1.622e-01 -1.446 0.14822
c(Industry)Textile Manufacturing 1.874e-01 2.627e-01 0.713 0.47569
c(Industry)Thermal Coal 3.058e-01 2.290e-01 1.335 0.18192
c(Industry)Tobacco -1.875e-01 2.383e-01 -0.787 0.43140
c(Industry)Tools & Accessories -1.099e-01 1.848e-01 -0.595 0.55203
c(Industry)Travel Services -7.698e-02 1.647e-01 -0.467 0.64028
c(Industry)Trucking -5.969e-01 2.493e-01 -2.395 0.01668 *
c(Industry)Uranium 9.527e-01 4.551e-01 2.093 0.03637 *
c(Industry)Utilities - Diversified 2.181e-01 3.019e-01 0.722 0.47003
c(Industry)Utilities - Independent Power Producers -4.532e-01 4.550e-01 -0.996 0.31936
c(Industry)Utilities - Regulated Electric -2.860e-01 1.453e-01 -1.969 0.04905 *
c(Industry)Utilities - Regulated Gas 1.287e-01 1.990e-01 0.647 0.51789
c(Industry)Utilities - Regulated Water 1.622e-01 2.797e-01 0.580 0.56199
c(Industry)Utilities - Renewable -3.092e-01 6.327e-01 -0.489 0.62503
c(Industry)Waste Management -1.228e-01 1.750e-01 -0.702 0.48287
Day_of_EarningsCall 1.176e-04 4.192e-05 2.805 0.00506 **
Covid_Exposure 2.712e-01 8.630e-03 31.431 < 2e-16 ***
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 0.6216 on 4346 degrees of freedom
(11951 observations deleted due to missingness)
Multiple R-squared: 0.2559, Adjusted R-squared: 0.2316
F-statistic: 10.53 on 142 and 4346 DF, p-value: < 2.2e-16Examines Positive COVID Sentiment across industries over time:
lm(Covid_Pos_Sentiment ~ c(Industry) + Day_of_EarningsCall + Covid_Exposure, data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Covid_Pos_Sentiment ~ c(Industry) + Day_of_EarningsCall +
Covid_Exposure, data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-2.0039 -0.1673 -0.0424 0.1273 3.4016
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) -1.831e+00 2.121e-01 -8.634 < 2e-16 ***
c(Industry)Aerospace & Defense -1.218e-02 4.289e-02 -0.284 0.77641
c(Industry)Agricultural Inputs -9.414e-03 6.318e-02 -0.149 0.88155
c(Industry)Airlines -2.914e-02 5.316e-02 -0.548 0.58365
c(Industry)Airports & Air Services 1.153e-01 1.898e-01 0.607 0.54366
c(Industry)Aluminum -1.588e-02 9.327e-02 -0.170 0.86483
c(Industry)Apparel Manufacturing 1.120e-01 4.720e-02 2.373 0.01765 *
c(Industry)Apparel Retail 2.650e-02 4.442e-02 0.597 0.55082
c(Industry)Asset Management 2.325e-02 3.944e-02 0.590 0.55551
c(Industry)Auto & Truck Dealerships -1.932e-02 4.915e-02 -0.393 0.69428
c(Industry)Auto Manufacturers 4.867e-02 7.150e-02 0.681 0.49609
c(Industry)Auto Parts 4.569e-02 4.363e-02 1.047 0.29500
c(Industry)Banks - Diversified -5.966e-02 7.052e-02 -0.846 0.39761
c(Industry)Banks - Regional -3.610e-02 3.775e-02 -0.956 0.33896
c(Industry)Beverages - Brewers -2.764e-02 8.208e-02 -0.337 0.73634
c(Industry)Beverages - Non-Alcoholic 1.497e-01 5.846e-02 2.561 0.01045 *
c(Industry)Beverages - Wineries & Distilleries 6.802e-02 1.036e-01 0.657 0.51146
c(Industry)Biotechnology 5.433e-02 3.720e-02 1.460 0.14419
c(Industry)Broadcasting 8.160e-03 5.250e-02 0.155 0.87648
c(Industry)Building Materials -4.446e-02 6.960e-02 -0.639 0.52299
c(Industry)Building Products & Equipment 3.150e-02 4.491e-02 0.702 0.48298
c(Industry)Business Equipment & Supplies 7.847e-02 9.986e-02 0.786 0.43197
c(Industry)Capital Markets 2.150e-02 5.465e-02 0.393 0.69402
c(Industry)Chemicals 9.906e-02 6.208e-02 1.596 0.11057
c(Industry)Coking Coal -3.515e-02 7.148e-02 -0.492 0.62295
c(Industry)Communication Equipment -1.161e-02 4.240e-02 -0.274 0.78418
c(Industry)Computer Hardware 6.988e-02 4.827e-02 1.448 0.14771
c(Industry)Confectioners 4.267e-01 9.058e-02 4.710 2.50e-06 ***
c(Industry)Conglomerates -3.128e-03 5.080e-02 -0.062 0.95090
c(Industry)Consulting Services 5.275e-02 5.461e-02 0.966 0.33407
c(Industry)Consumer Electronics -1.306e-02 6.375e-02 -0.205 0.83767
c(Industry)Copper -4.191e-02 8.592e-02 -0.488 0.62574
c(Industry)Credit Services -1.690e-02 4.613e-02 -0.366 0.71414
c(Industry)Department Stores -8.487e-03 8.393e-02 -0.101 0.91946
c(Industry)Diagnostics & Research 1.248e-02 4.101e-02 0.304 0.76084
c(Industry)Discount Stores 2.572e-02 5.636e-02 0.456 0.64814
c(Industry)Drug Manufacturers - General 1.757e-01 5.396e-02 3.256 0.00113 **
c(Industry)Drug Manufacturers - Specialty & Generic 9.678e-02 4.151e-02 2.332 0.01973 *
c(Industry)Education & Training Services 1.926e-03 5.229e-02 0.037 0.97062
c(Industry)Electrical Equipment & Parts 2.943e-02 4.827e-02 0.610 0.54204
c(Industry)Electronic Components -9.960e-03 4.293e-02 -0.232 0.81655
c(Industry)Electronic Gaming & Multimedia 1.040e-02 1.081e-01 0.096 0.92334
c(Industry)Electronics & Computer Distribution -1.081e-02 6.638e-02 -0.163 0.87068
c(Industry)Engineering & Construction 3.539e-02 4.339e-02 0.816 0.41478
c(Industry)Entertainment 5.734e-02 4.629e-02 1.239 0.21543
c(Industry)Farm & Heavy Construction Machinery 1.310e-02 4.682e-02 0.280 0.77954
c(Industry)Farm Products 3.375e-02 5.885e-02 0.573 0.56632
c(Industry)Financial Conglomerates 6.864e-02 9.327e-02 0.736 0.46178
c(Industry)Financial Data & Stock Exchanges -5.213e-05 5.811e-02 -0.001 0.99928
c(Industry)Food Distribution 6.878e-02 5.701e-02 1.206 0.22765
c(Industry)Footwear & Accessories -1.548e-02 5.080e-02 -0.305 0.76054
c(Industry)Furnishings, Fixtures & Appliances 5.946e-02 4.596e-02 1.294 0.19585
c(Industry)Gambling 3.194e-02 6.207e-02 0.515 0.60684
c(Industry)Gold 2.454e-02 6.872e-02 0.357 0.72105
c(Industry)Grocery Stores -9.133e-03 6.568e-02 -0.139 0.88940
c(Industry)Health Information Services -3.887e-02 4.461e-02 -0.871 0.38361
c(Industry)Healthcare Plans -2.383e-01 5.627e-02 -4.234 2.31e-05 ***
c(Industry)Home Improvement Retail -1.904e-03 6.790e-02 -0.028 0.97763
c(Industry)Household & Personal Products 1.069e-01 4.710e-02 2.271 0.02319 *
c(Industry)Industrial Distribution 3.620e-02 4.889e-02 0.740 0.45905
c(Industry)Information Technology Services 1.088e-02 4.339e-02 0.251 0.80206
c(Industry)Infrastructure Operations 7.943e-03 1.487e-01 0.053 0.95741
c(Industry)Insurance - Diversified 4.604e-02 8.039e-02 0.573 0.56680
c(Industry)Insurance - Life -4.618e-02 5.216e-02 -0.885 0.37603
c(Industry)Insurance - Property & Casualty -1.034e-02 4.331e-02 -0.239 0.81128
c(Industry)Insurance - Reinsurance -4.780e-01 1.205e-01 -3.968 7.29e-05 ***
c(Industry)Insurance - Specialty -5.497e-03 5.410e-02 -0.102 0.91907
c(Industry)Insurance Brokers 2.680e-02 6.155e-02 0.435 0.66323
c(Industry)Integrated Freight & Logistics -2.282e-02 5.361e-02 -0.426 0.67035
c(Industry)Internet Content & Information 2.657e-02 4.827e-02 0.550 0.58204
c(Industry)Internet Retail 1.364e-02 5.701e-02 0.239 0.81095
c(Industry)Leisure 3.511e-02 5.016e-02 0.700 0.48393
c(Industry)Lodging -5.947e-02 6.155e-02 -0.966 0.33401
c(Industry)Lumber & Wood Production 9.454e-02 8.392e-02 1.127 0.25992
c(Industry)Luxury Goods 1.940e-01 8.039e-02 2.413 0.01582 *
c(Industry)Marine Shipping -9.641e-02 7.361e-02 -1.310 0.19031
c(Industry)Medical Care Facilities -4.494e-02 4.306e-02 -1.044 0.29661
c(Industry)Medical Devices -5.358e-03 3.810e-02 -0.141 0.88815
c(Industry)Medical Distribution -3.724e-02 5.813e-02 -0.641 0.52169
c(Industry)Medical Instruments & Supplies 2.935e-02 4.139e-02 0.709 0.47826
c(Industry)Metal Fabrication -1.449e-02 5.229e-02 -0.277 0.78170
c(Industry)Mortgage Finance -6.771e-02 6.436e-02 -1.052 0.29284
c(Industry)Oil & Gas Drilling 1.457e-02 9.971e-02 0.146 0.88380
c(Industry)Oil & Gas E&P 4.313e-02 4.651e-02 0.927 0.35372
c(Industry)Oil & Gas Equipment & Services 1.407e-02 4.336e-02 0.325 0.74553
c(Industry)Oil & Gas Integrated -2.503e-02 9.058e-02 -0.276 0.78230
c(Industry)Oil & Gas Midstream -7.130e-02 5.032e-02 -1.417 0.15658
c(Industry)Oil & Gas Refining & Marketing 1.370e-02 5.361e-02 0.255 0.79836
c(Industry)Other Industrial Metals & Mining -2.915e-02 9.971e-02 -0.292 0.77002
c(Industry)Other Precious Metals & Mining -4.529e-03 1.133e-01 -0.040 0.96813
c(Industry)Packaged Foods 4.906e-02 4.189e-02 1.171 0.24154
c(Industry)Packaging & Containers 2.644e-02 4.828e-02 0.548 0.58394
c(Industry)Paper & Paper Products -1.706e-01 1.365e-01 -1.249 0.21161
c(Industry)Personal Services 3.245e-03 5.771e-02 0.056 0.95517
c(Industry)Pharmaceutical Retailers -7.776e-02 9.976e-02 -0.780 0.43569
c(Industry)Pollution & Treatment Controls 5.499e-03 7.251e-02 0.076 0.93955
c(Industry)Publishing 2.093e-03 6.959e-02 0.030 0.97600
c(Industry)Railroads 1.497e-02 5.637e-02 0.266 0.79061
c(Industry)Real Estate - Development -2.069e-02 1.081e-01 -0.191 0.84822
c(Industry)Real Estate - Diversified -3.036e-02 1.365e-01 -0.222 0.82403
c(Industry)Real Estate Services -1.626e-02 5.339e-02 -0.305 0.76071
c(Industry)Recreational Vehicles 1.782e-02 5.969e-02 0.298 0.76535
c(Industry)REIT - Diversified 3.186e-02 5.702e-02 0.559 0.57630
c(Industry)REIT - Healthcare Facilities 4.088e-02 5.101e-02 0.801 0.42287
c(Industry)REIT - Hotel & Motel 4.519e-02 4.865e-02 0.929 0.35305
c(Industry)REIT - Industrial 2.719e-02 5.703e-02 0.477 0.63358
c(Industry)REIT - Mortgage 2.799e-02 4.297e-02 0.651 0.51485
c(Industry)REIT - Office 1.400e-02 4.971e-02 0.282 0.77828
c(Industry)REIT - Residential 1.704e-02 4.889e-02 0.348 0.72752
c(Industry)REIT - Retail 1.326e-02 4.750e-02 0.279 0.78018
c(Industry)REIT - Specialty 1.936e-02 4.863e-02 0.398 0.69065
c(Industry)Rental & Leasing Services -3.425e-02 5.209e-02 -0.658 0.51081
c(Industry)Residential Construction 3.341e-03 5.001e-02 0.067 0.94674
c(Industry)Resorts & Casinos 2.341e-02 5.064e-02 0.462 0.64383
c(Industry)Restaurants 3.161e-02 4.244e-02 0.745 0.45633
c(Industry)Scientific & Technical Instruments -7.802e-04 4.566e-02 -0.017 0.98637
c(Industry)Security & Protection Services 9.510e-03 5.575e-02 0.171 0.86455
c(Industry)Semiconductor Equipment & Materials 7.747e-03 4.622e-02 0.168 0.86687
c(Industry)Semiconductors 5.868e-02 4.282e-02 1.370 0.17057
c(Industry)Software - Application 6.147e-02 3.807e-02 1.615 0.10635
c(Industry)Software - Infrastructure 2.329e-02 3.953e-02 0.589 0.55581
c(Industry)Solar 4.163e-02 7.253e-02 0.574 0.56602
c(Industry)Specialty Business Services -1.113e-02 4.655e-02 -0.239 0.81101
c(Industry)Specialty Chemicals 7.104e-02 4.154e-02 1.710 0.08727 .
c(Industry)Specialty Industrial Machinery 3.637e-02 4.023e-02 0.904 0.36603
c(Industry)Specialty Retail -4.160e-02 4.340e-02 -0.959 0.33774
c(Industry)Staffing & Employment Services 1.388e-02 5.016e-02 0.277 0.78198
c(Industry)Steel 2.402e-02 6.107e-02 0.393 0.69404
c(Industry)Telecom Services -4.842e-02 4.804e-02 -1.008 0.31356
c(Industry)Textile Manufacturing 1.210e-01 7.362e-02 1.644 0.10016
c(Industry)Thermal Coal 5.487e-02 6.567e-02 0.836 0.40344
c(Industry)Tobacco -4.867e-02 6.106e-02 -0.797 0.42542
c(Industry)Tools & Accessories -7.272e-03 5.544e-02 -0.131 0.89565
c(Industry)Travel Services 4.934e-02 5.574e-02 0.885 0.37610
c(Industry)Trucking -1.873e-02 6.502e-02 -0.288 0.77333
c(Industry)Uranium 1.775e-01 1.271e-01 1.397 0.16254
c(Industry)Utilities - Diversified -1.578e-01 6.796e-02 -2.322 0.02023 *
c(Industry)Utilities - Independent Power Producers -4.111e-02 1.195e-01 -0.344 0.73091
c(Industry)Utilities - Regulated Electric -2.534e-02 4.368e-02 -0.580 0.56182
c(Industry)Utilities - Regulated Gas -1.162e-01 5.704e-02 -2.037 0.04170 *
c(Industry)Utilities - Regulated Water -9.825e-02 6.959e-02 -1.412 0.15804
c(Industry)Utilities - Renewable -2.168e-02 1.133e-01 -0.191 0.84826
c(Industry)Waste Management 1.150e-01 5.808e-02 1.980 0.04774 *
Day_of_EarningsCall 9.787e-05 1.116e-05 8.770 < 2e-16 ***
Covid_Exposure 2.624e-01 2.651e-03 98.987 < 2e-16 ***
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 0.3231 on 13005 degrees of freedom
(3290 observations deleted due to missingness)
Multiple R-squared: 0.4923, Adjusted R-squared: 0.4866
F-statistic: 87.56 on 144 and 13005 DF, p-value: < 2.2e-16
lm(Covid_Neg_Sentiment ~ c(Industry) + Day_of_EarningsCall + Covid_Exposure + PRiskT_health, data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Covid_Neg_Sentiment ~ c(Industry) + Day_of_EarningsCall +
Covid_Exposure + PRiskT_health, data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-2.4738 -0.2176 -0.0387 0.1713 5.1861
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 1.676e+00 2.780e-01 6.027 1.71e-09 ***
c(Industry)Aerospace & Defense 6.841e-02 5.607e-02 1.220 0.222421
c(Industry)Agricultural Inputs 5.721e-03 8.260e-02 0.069 0.944779
c(Industry)Airlines -1.314e-02 6.950e-02 -0.189 0.850080
c(Industry)Airports & Air Services 1.911e-03 2.482e-01 0.008 0.993857
c(Industry)Aluminum 3.150e-01 1.219e-01 2.584 0.009791 **
c(Industry)Apparel Manufacturing 6.190e-02 6.171e-02 1.003 0.315895
c(Industry)Apparel Retail 6.605e-02 5.807e-02 1.137 0.255403
c(Industry)Asset Management 7.501e-02 5.157e-02 1.455 0.145768
c(Industry)Auto & Truck Dealerships 3.269e-02 6.426e-02 0.509 0.610993
c(Industry)Auto Manufacturers 7.705e-02 9.348e-02 0.824 0.409799
c(Industry)Auto Parts 2.359e-01 5.704e-02 4.136 3.56e-05 ***
c(Industry)Banks - Diversified -4.399e-02 9.221e-02 -0.477 0.633317
c(Industry)Banks - Regional 3.635e-02 4.935e-02 0.736 0.461464
c(Industry)Beverages - Brewers 4.497e-02 1.073e-01 0.419 0.675157
c(Industry)Beverages - Non-Alcoholic 1.192e-01 7.644e-02 1.560 0.118848
c(Industry)Beverages - Wineries & Distilleries 5.583e-02 1.354e-01 0.412 0.680224
c(Industry)Biotechnology -5.908e-02 4.864e-02 -1.215 0.224488
c(Industry)Broadcasting 4.561e-02 6.863e-02 0.665 0.506332
c(Industry)Building Materials 5.174e-02 9.099e-02 0.569 0.569627
c(Industry)Building Products & Equipment 5.318e-02 5.871e-02 0.906 0.365085
c(Industry)Business Equipment & Supplies 5.324e-02 1.306e-01 0.408 0.683438
c(Industry)Capital Markets 6.435e-02 7.145e-02 0.901 0.367769
c(Industry)Chemicals 2.576e-01 8.116e-02 3.175 0.001504 **
c(Industry)Coking Coal 8.783e-02 9.345e-02 0.940 0.347310
c(Industry)Communication Equipment 5.142e-02 5.544e-02 0.928 0.353652
c(Industry)Computer Hardware 3.250e-02 6.311e-02 0.515 0.606545
c(Industry)Confectioners 1.328e-02 1.184e-01 0.112 0.910719
c(Industry)Conglomerates 2.050e-02 6.642e-02 0.309 0.757552
c(Industry)Consulting Services -6.984e-03 7.141e-02 -0.098 0.922085
c(Industry)Consumer Electronics 7.225e-02 8.335e-02 0.867 0.386010
c(Industry)Copper -1.640e-02 1.123e-01 -0.146 0.883925
c(Industry)Credit Services 6.258e-02 6.031e-02 1.038 0.299406
c(Industry)Department Stores -1.529e-01 1.097e-01 -1.393 0.163568
c(Industry)Diagnostics & Research -3.804e-01 5.362e-02 -7.095 1.36e-12 ***
c(Industry)Discount Stores -9.151e-02 7.369e-02 -1.242 0.214295
c(Industry)Drug Manufacturers - General -1.988e-01 7.058e-02 -2.816 0.004870 **
c(Industry)Drug Manufacturers - Specialty & Generic -6.273e-02 5.428e-02 -1.156 0.247872
c(Industry)Education & Training Services -2.988e-02 6.836e-02 -0.437 0.662003
c(Industry)Electrical Equipment & Parts 1.200e-01 6.312e-02 1.902 0.057227 .
c(Industry)Electronic Components 2.063e-01 5.613e-02 3.675 0.000238 ***
c(Industry)Electronic Gaming & Multimedia -1.262e-01 1.413e-01 -0.893 0.371837
c(Industry)Electronics & Computer Distribution 5.834e-02 8.678e-02 0.672 0.501424
c(Industry)Engineering & Construction 8.248e-02 5.673e-02 1.454 0.146033
c(Industry)Entertainment 1.579e-01 6.052e-02 2.608 0.009105 **
c(Industry)Farm & Heavy Construction Machinery 1.556e-01 6.121e-02 2.542 0.011027 *
c(Industry)Farm Products -1.148e-02 7.694e-02 -0.149 0.881414
c(Industry)Financial Conglomerates 8.773e-02 1.219e-01 0.720 0.471836
c(Industry)Financial Data & Stock Exchanges -1.814e-02 7.597e-02 -0.239 0.811325
c(Industry)Food Distribution -5.915e-02 7.453e-02 -0.794 0.427428
c(Industry)Footwear & Accessories 6.602e-02 6.642e-02 0.994 0.320265
c(Industry)Furnishings, Fixtures & Appliances 1.978e-01 6.009e-02 3.292 0.000997 ***
c(Industry)Gambling -6.433e-02 8.115e-02 -0.793 0.427933
c(Industry)Gold -1.003e-01 8.984e-02 -1.117 0.264123
c(Industry)Grocery Stores -2.184e-01 8.587e-02 -2.544 0.010975 *
c(Industry)Health Information Services -1.300e-01 5.833e-02 -2.228 0.025911 *
c(Industry)Healthcare Plans -4.482e-01 7.373e-02 -6.079 1.24e-09 ***
c(Industry)Home Improvement Retail 1.676e-01 8.877e-02 1.888 0.059059 .
c(Industry)Household & Personal Products 1.026e-01 6.158e-02 1.666 0.095805 .
c(Industry)Industrial Distribution 5.505e-02 6.391e-02 0.861 0.389089
c(Industry)Information Technology Services -5.359e-02 5.673e-02 -0.945 0.344918
c(Industry)Infrastructure Operations 1.238e-01 1.945e-01 0.637 0.524211
c(Industry)Insurance - Diversified 1.832e-01 1.051e-01 1.744 0.081265 .
c(Industry)Insurance - Life 4.146e-01 6.820e-02 6.079 1.25e-09 ***
c(Industry)Insurance - Property & Casualty 4.603e-01 5.663e-02 8.128 4.77e-16 ***
c(Industry)Insurance - Reinsurance 7.452e-01 1.575e-01 4.732 2.25e-06 ***
c(Industry)Insurance - Specialty 3.791e-01 7.074e-02 5.359 8.52e-08 ***
c(Industry)Insurance Brokers 1.764e-01 8.052e-02 2.190 0.028521 *
c(Industry)Integrated Freight & Logistics -2.131e-02 7.010e-02 -0.304 0.761159
c(Industry)Internet Content & Information -8.723e-02 6.311e-02 -1.382 0.166928
c(Industry)Internet Retail 1.605e-02 7.454e-02 0.215 0.829481
c(Industry)Leisure 3.043e-02 6.557e-02 0.464 0.642638
c(Industry)Lodging -6.653e-03 8.048e-02 -0.083 0.934115
c(Industry)Lumber & Wood Production 5.976e-02 1.097e-01 0.545 0.585946
c(Industry)Luxury Goods -1.290e-01 1.051e-01 -1.228 0.219638
c(Industry)Marine Shipping 1.971e-01 9.624e-02 2.048 0.040585 *
c(Industry)Medical Care Facilities -9.980e-02 5.629e-02 -1.773 0.076289 .
c(Industry)Medical Devices -1.057e-01 4.981e-02 -2.121 0.033901 *
c(Industry)Medical Distribution -2.675e-01 7.600e-02 -3.520 0.000433 ***
c(Industry)Medical Instruments & Supplies -2.374e-01 5.411e-02 -4.387 1.16e-05 ***
c(Industry)Metal Fabrication 2.472e-01 6.836e-02 3.616 0.000300 ***
c(Industry)Mortgage Finance 1.988e-01 8.415e-02 2.362 0.018179 *
c(Industry)Oil & Gas Drilling 3.796e-01 1.304e-01 2.912 0.003593 **
c(Industry)Oil & Gas E&P 8.586e-02 6.080e-02 1.412 0.157939
c(Industry)Oil & Gas Equipment & Services 2.648e-01 5.669e-02 4.671 3.02e-06 ***
c(Industry)Oil & Gas Integrated 2.340e-02 1.184e-01 0.198 0.843349
c(Industry)Oil & Gas Midstream 4.161e-02 6.579e-02 0.632 0.527155
c(Industry)Oil & Gas Refining & Marketing 1.160e-01 7.009e-02 1.654 0.098058 .
c(Industry)Other Industrial Metals & Mining 1.422e-01 1.304e-01 1.091 0.275329
c(Industry)Other Precious Metals & Mining 5.371e-02 1.482e-01 0.362 0.716989
c(Industry)Packaged Foods -2.848e-02 5.477e-02 -0.520 0.603010
c(Industry)Packaging & Containers -2.823e-02 6.312e-02 -0.447 0.654660
c(Industry)Paper & Paper Products 1.137e-01 1.785e-01 0.637 0.524106
c(Industry)Personal Services 5.035e-02 7.546e-02 0.667 0.504608
c(Industry)Pharmaceutical Retailers -1.121e-03 1.304e-01 -0.009 0.993141
c(Industry)Pollution & Treatment Controls 7.877e-02 9.480e-02 0.831 0.406035
c(Industry)Publishing 3.671e-01 9.098e-02 4.035 5.49e-05 ***
c(Industry)Railroads 1.136e-01 7.369e-02 1.542 0.123208
c(Industry)Real Estate - Development 1.511e-01 1.413e-01 1.069 0.285123
c(Industry)Real Estate - Diversified -1.192e-01 1.785e-01 -0.668 0.504303
c(Industry)Real Estate Services 2.131e-02 6.980e-02 0.305 0.760164
c(Industry)Recreational Vehicles 9.400e-02 7.804e-02 1.204 0.228429
c(Industry)REIT - Diversified -1.490e-02 7.455e-02 -0.200 0.841544
c(Industry)REIT - Healthcare Facilities -1.340e-01 6.673e-02 -2.008 0.044685 *
c(Industry)REIT - Hotel & Motel 1.415e-02 6.361e-02 0.222 0.823982
c(Industry)REIT - Industrial -3.520e-02 7.456e-02 -0.472 0.636899
c(Industry)REIT - Mortgage 1.117e-01 5.620e-02 1.988 0.046888 *
c(Industry)REIT - Office -1.881e-02 6.499e-02 -0.289 0.772241
c(Industry)REIT - Residential -3.839e-02 6.392e-02 -0.601 0.548152
c(Industry)REIT - Retail -1.327e-02 6.210e-02 -0.214 0.830783
c(Industry)REIT - Specialty -2.085e-03 6.359e-02 -0.033 0.973840
c(Industry)Rental & Leasing Services 7.535e-02 6.810e-02 1.107 0.268528
c(Industry)Residential Construction 3.003e-01 6.538e-02 4.593 4.41e-06 ***
c(Industry)Resorts & Casinos 2.058e-02 6.621e-02 0.311 0.755964
c(Industry)Restaurants -2.281e-02 5.549e-02 -0.411 0.680993
c(Industry)Scientific & Technical Instruments 9.432e-02 5.969e-02 1.580 0.114114
c(Industry)Security & Protection Services 7.285e-02 7.288e-02 1.000 0.317540
c(Industry)Semiconductor Equipment & Materials -6.227e-02 6.042e-02 -1.031 0.302777
c(Industry)Semiconductors 1.734e-02 5.599e-02 0.310 0.756798
c(Industry)Software - Application -7.072e-02 4.977e-02 -1.421 0.155348
c(Industry)Software - Infrastructure -9.274e-02 5.169e-02 -1.794 0.072800 .
c(Industry)Solar 7.462e-03 9.482e-02 0.079 0.937277
c(Industry)Specialty Business Services 4.255e-02 6.086e-02 0.699 0.484435
c(Industry)Specialty Chemicals 1.070e-01 5.432e-02 1.970 0.048902 *
c(Industry)Specialty Industrial Machinery 1.056e-01 5.260e-02 2.009 0.044604 *
c(Industry)Specialty Retail 5.586e-02 5.674e-02 0.985 0.324864
c(Industry)Staffing & Employment Services 1.725e-01 6.557e-02 2.630 0.008542 **
c(Industry)Steel 4.853e-02 7.984e-02 0.608 0.543274
c(Industry)Telecom Services -5.665e-03 6.281e-02 -0.090 0.928136
c(Industry)Textile Manufacturing 1.402e-01 9.625e-02 1.457 0.145239
c(Industry)Thermal Coal 2.221e-01 8.586e-02 2.587 0.009690 **
c(Industry)Tobacco 2.073e-01 7.983e-02 2.597 0.009426 **
c(Industry)Tools & Accessories 6.514e-02 7.249e-02 0.899 0.368818
c(Industry)Travel Services -1.260e-01 7.287e-02 -1.729 0.083906 .
c(Industry)Trucking -2.596e-02 8.500e-02 -0.305 0.760095
c(Industry)Uranium 2.531e-01 1.662e-01 1.523 0.127745
c(Industry)Utilities - Diversified 2.425e-01 8.885e-02 2.729 0.006360 **
c(Industry)Utilities - Independent Power Producers 1.340e-01 1.563e-01 0.857 0.391389
c(Industry)Utilities - Regulated Electric -2.339e-02 5.710e-02 -0.410 0.682088
c(Industry)Utilities - Regulated Gas -1.105e-01 7.457e-02 -1.482 0.138389
c(Industry)Utilities - Regulated Water 8.156e-02 9.099e-02 0.896 0.370078
c(Industry)Utilities - Renewable 5.050e-01 1.482e-01 3.409 0.000654 ***
c(Industry)Waste Management -5.390e-02 7.593e-02 -0.710 0.477838
Day_of_EarningsCall -8.673e-05 1.462e-05 -5.931 3.09e-09 ***
Covid_Exposure 3.566e-01 3.472e-03 102.698 < 2e-16 ***
PRiskT_health 6.205e-07 2.669e-07 2.324 0.020123 *
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 0.4224 on 13004 degrees of freedom
(3290 observations deleted due to missingness)
Multiple R-squared: 0.5201, Adjusted R-squared: 0.5148
F-statistic: 97.2 on 145 and 13004 DF, p-value: < 2.2e-16Examines Negative COVID Sentiment across industries over time:
lm(Covid_Neg_Sentiment ~ c(Industry) + Day_of_EarningsCall + Covid_Exposure + PRiskT_health, data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Covid_Neg_Sentiment ~ c(Industry) + Day_of_EarningsCall +
Covid_Exposure + PRiskT_health, data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-2.4738 -0.2176 -0.0387 0.1713 5.1861
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 1.676e+00 2.780e-01 6.027 1.71e-09 ***
c(Industry)Aerospace & Defense 6.841e-02 5.607e-02 1.220 0.222421
c(Industry)Agricultural Inputs 5.721e-03 8.260e-02 0.069 0.944779
c(Industry)Airlines -1.314e-02 6.950e-02 -0.189 0.850080
c(Industry)Airports & Air Services 1.911e-03 2.482e-01 0.008 0.993857
c(Industry)Aluminum 3.150e-01 1.219e-01 2.584 0.009791 **
c(Industry)Apparel Manufacturing 6.190e-02 6.171e-02 1.003 0.315895
c(Industry)Apparel Retail 6.605e-02 5.807e-02 1.137 0.255403
c(Industry)Asset Management 7.501e-02 5.157e-02 1.455 0.145768
c(Industry)Auto & Truck Dealerships 3.269e-02 6.426e-02 0.509 0.610993
c(Industry)Auto Manufacturers 7.705e-02 9.348e-02 0.824 0.409799
c(Industry)Auto Parts 2.359e-01 5.704e-02 4.136 3.56e-05 ***
c(Industry)Banks - Diversified -4.399e-02 9.221e-02 -0.477 0.633317
c(Industry)Banks - Regional 3.635e-02 4.935e-02 0.736 0.461464
c(Industry)Beverages - Brewers 4.497e-02 1.073e-01 0.419 0.675157
c(Industry)Beverages - Non-Alcoholic 1.192e-01 7.644e-02 1.560 0.118848
c(Industry)Beverages - Wineries & Distilleries 5.583e-02 1.354e-01 0.412 0.680224
c(Industry)Biotechnology -5.908e-02 4.864e-02 -1.215 0.224488
c(Industry)Broadcasting 4.561e-02 6.863e-02 0.665 0.506332
c(Industry)Building Materials 5.174e-02 9.099e-02 0.569 0.569627
c(Industry)Building Products & Equipment 5.318e-02 5.871e-02 0.906 0.365085
c(Industry)Business Equipment & Supplies 5.324e-02 1.306e-01 0.408 0.683438
c(Industry)Capital Markets 6.435e-02 7.145e-02 0.901 0.367769
c(Industry)Chemicals 2.576e-01 8.116e-02 3.175 0.001504 **
c(Industry)Coking Coal 8.783e-02 9.345e-02 0.940 0.347310
c(Industry)Communication Equipment 5.142e-02 5.544e-02 0.928 0.353652
c(Industry)Computer Hardware 3.250e-02 6.311e-02 0.515 0.606545
c(Industry)Confectioners 1.328e-02 1.184e-01 0.112 0.910719
c(Industry)Conglomerates 2.050e-02 6.642e-02 0.309 0.757552
c(Industry)Consulting Services -6.984e-03 7.141e-02 -0.098 0.922085
c(Industry)Consumer Electronics 7.225e-02 8.335e-02 0.867 0.386010
c(Industry)Copper -1.640e-02 1.123e-01 -0.146 0.883925
c(Industry)Credit Services 6.258e-02 6.031e-02 1.038 0.299406
c(Industry)Department Stores -1.529e-01 1.097e-01 -1.393 0.163568
c(Industry)Diagnostics & Research -3.804e-01 5.362e-02 -7.095 1.36e-12 ***
c(Industry)Discount Stores -9.151e-02 7.369e-02 -1.242 0.214295
c(Industry)Drug Manufacturers - General -1.988e-01 7.058e-02 -2.816 0.004870 **
c(Industry)Drug Manufacturers - Specialty & Generic -6.273e-02 5.428e-02 -1.156 0.247872
c(Industry)Education & Training Services -2.988e-02 6.836e-02 -0.437 0.662003
c(Industry)Electrical Equipment & Parts 1.200e-01 6.312e-02 1.902 0.057227 .
c(Industry)Electronic Components 2.063e-01 5.613e-02 3.675 0.000238 ***
c(Industry)Electronic Gaming & Multimedia -1.262e-01 1.413e-01 -0.893 0.371837
c(Industry)Electronics & Computer Distribution 5.834e-02 8.678e-02 0.672 0.501424
c(Industry)Engineering & Construction 8.248e-02 5.673e-02 1.454 0.146033
c(Industry)Entertainment 1.579e-01 6.052e-02 2.608 0.009105 **
c(Industry)Farm & Heavy Construction Machinery 1.556e-01 6.121e-02 2.542 0.011027 *
c(Industry)Farm Products -1.148e-02 7.694e-02 -0.149 0.881414
c(Industry)Financial Conglomerates 8.773e-02 1.219e-01 0.720 0.471836
c(Industry)Financial Data & Stock Exchanges -1.814e-02 7.597e-02 -0.239 0.811325
c(Industry)Food Distribution -5.915e-02 7.453e-02 -0.794 0.427428
c(Industry)Footwear & Accessories 6.602e-02 6.642e-02 0.994 0.320265
c(Industry)Furnishings, Fixtures & Appliances 1.978e-01 6.009e-02 3.292 0.000997 ***
c(Industry)Gambling -6.433e-02 8.115e-02 -0.793 0.427933
c(Industry)Gold -1.003e-01 8.984e-02 -1.117 0.264123
c(Industry)Grocery Stores -2.184e-01 8.587e-02 -2.544 0.010975 *
c(Industry)Health Information Services -1.300e-01 5.833e-02 -2.228 0.025911 *
c(Industry)Healthcare Plans -4.482e-01 7.373e-02 -6.079 1.24e-09 ***
c(Industry)Home Improvement Retail 1.676e-01 8.877e-02 1.888 0.059059 .
c(Industry)Household & Personal Products 1.026e-01 6.158e-02 1.666 0.095805 .
c(Industry)Industrial Distribution 5.505e-02 6.391e-02 0.861 0.389089
c(Industry)Information Technology Services -5.359e-02 5.673e-02 -0.945 0.344918
c(Industry)Infrastructure Operations 1.238e-01 1.945e-01 0.637 0.524211
c(Industry)Insurance - Diversified 1.832e-01 1.051e-01 1.744 0.081265 .
c(Industry)Insurance - Life 4.146e-01 6.820e-02 6.079 1.25e-09 ***
c(Industry)Insurance - Property & Casualty 4.603e-01 5.663e-02 8.128 4.77e-16 ***
c(Industry)Insurance - Reinsurance 7.452e-01 1.575e-01 4.732 2.25e-06 ***
c(Industry)Insurance - Specialty 3.791e-01 7.074e-02 5.359 8.52e-08 ***
c(Industry)Insurance Brokers 1.764e-01 8.052e-02 2.190 0.028521 *
c(Industry)Integrated Freight & Logistics -2.131e-02 7.010e-02 -0.304 0.761159
c(Industry)Internet Content & Information -8.723e-02 6.311e-02 -1.382 0.166928
c(Industry)Internet Retail 1.605e-02 7.454e-02 0.215 0.829481
c(Industry)Leisure 3.043e-02 6.557e-02 0.464 0.642638
c(Industry)Lodging -6.653e-03 8.048e-02 -0.083 0.934115
c(Industry)Lumber & Wood Production 5.976e-02 1.097e-01 0.545 0.585946
c(Industry)Luxury Goods -1.290e-01 1.051e-01 -1.228 0.219638
c(Industry)Marine Shipping 1.971e-01 9.624e-02 2.048 0.040585 *
c(Industry)Medical Care Facilities -9.980e-02 5.629e-02 -1.773 0.076289 .
c(Industry)Medical Devices -1.057e-01 4.981e-02 -2.121 0.033901 *
c(Industry)Medical Distribution -2.675e-01 7.600e-02 -3.520 0.000433 ***
c(Industry)Medical Instruments & Supplies -2.374e-01 5.411e-02 -4.387 1.16e-05 ***
c(Industry)Metal Fabrication 2.472e-01 6.836e-02 3.616 0.000300 ***
c(Industry)Mortgage Finance 1.988e-01 8.415e-02 2.362 0.018179 *
c(Industry)Oil & Gas Drilling 3.796e-01 1.304e-01 2.912 0.003593 **
c(Industry)Oil & Gas E&P 8.586e-02 6.080e-02 1.412 0.157939
c(Industry)Oil & Gas Equipment & Services 2.648e-01 5.669e-02 4.671 3.02e-06 ***
c(Industry)Oil & Gas Integrated 2.340e-02 1.184e-01 0.198 0.843349
c(Industry)Oil & Gas Midstream 4.161e-02 6.579e-02 0.632 0.527155
c(Industry)Oil & Gas Refining & Marketing 1.160e-01 7.009e-02 1.654 0.098058 .
c(Industry)Other Industrial Metals & Mining 1.422e-01 1.304e-01 1.091 0.275329
c(Industry)Other Precious Metals & Mining 5.371e-02 1.482e-01 0.362 0.716989
c(Industry)Packaged Foods -2.848e-02 5.477e-02 -0.520 0.603010
c(Industry)Packaging & Containers -2.823e-02 6.312e-02 -0.447 0.654660
c(Industry)Paper & Paper Products 1.137e-01 1.785e-01 0.637 0.524106
c(Industry)Personal Services 5.035e-02 7.546e-02 0.667 0.504608
c(Industry)Pharmaceutical Retailers -1.121e-03 1.304e-01 -0.009 0.993141
c(Industry)Pollution & Treatment Controls 7.877e-02 9.480e-02 0.831 0.406035
c(Industry)Publishing 3.671e-01 9.098e-02 4.035 5.49e-05 ***
c(Industry)Railroads 1.136e-01 7.369e-02 1.542 0.123208
c(Industry)Real Estate - Development 1.511e-01 1.413e-01 1.069 0.285123
c(Industry)Real Estate - Diversified -1.192e-01 1.785e-01 -0.668 0.504303
c(Industry)Real Estate Services 2.131e-02 6.980e-02 0.305 0.760164
c(Industry)Recreational Vehicles 9.400e-02 7.804e-02 1.204 0.228429
c(Industry)REIT - Diversified -1.490e-02 7.455e-02 -0.200 0.841544
c(Industry)REIT - Healthcare Facilities -1.340e-01 6.673e-02 -2.008 0.044685 *
c(Industry)REIT - Hotel & Motel 1.415e-02 6.361e-02 0.222 0.823982
c(Industry)REIT - Industrial -3.520e-02 7.456e-02 -0.472 0.636899
c(Industry)REIT - Mortgage 1.117e-01 5.620e-02 1.988 0.046888 *
c(Industry)REIT - Office -1.881e-02 6.499e-02 -0.289 0.772241
c(Industry)REIT - Residential -3.839e-02 6.392e-02 -0.601 0.548152
c(Industry)REIT - Retail -1.327e-02 6.210e-02 -0.214 0.830783
c(Industry)REIT - Specialty -2.085e-03 6.359e-02 -0.033 0.973840
c(Industry)Rental & Leasing Services 7.535e-02 6.810e-02 1.107 0.268528
c(Industry)Residential Construction 3.003e-01 6.538e-02 4.593 4.41e-06 ***
c(Industry)Resorts & Casinos 2.058e-02 6.621e-02 0.311 0.755964
c(Industry)Restaurants -2.281e-02 5.549e-02 -0.411 0.680993
c(Industry)Scientific & Technical Instruments 9.432e-02 5.969e-02 1.580 0.114114
c(Industry)Security & Protection Services 7.285e-02 7.288e-02 1.000 0.317540
c(Industry)Semiconductor Equipment & Materials -6.227e-02 6.042e-02 -1.031 0.302777
c(Industry)Semiconductors 1.734e-02 5.599e-02 0.310 0.756798
c(Industry)Software - Application -7.072e-02 4.977e-02 -1.421 0.155348
c(Industry)Software - Infrastructure -9.274e-02 5.169e-02 -1.794 0.072800 .
c(Industry)Solar 7.462e-03 9.482e-02 0.079 0.937277
c(Industry)Specialty Business Services 4.255e-02 6.086e-02 0.699 0.484435
c(Industry)Specialty Chemicals 1.070e-01 5.432e-02 1.970 0.048902 *
c(Industry)Specialty Industrial Machinery 1.056e-01 5.260e-02 2.009 0.044604 *
c(Industry)Specialty Retail 5.586e-02 5.674e-02 0.985 0.324864
c(Industry)Staffing & Employment Services 1.725e-01 6.557e-02 2.630 0.008542 **
c(Industry)Steel 4.853e-02 7.984e-02 0.608 0.543274
c(Industry)Telecom Services -5.665e-03 6.281e-02 -0.090 0.928136
c(Industry)Textile Manufacturing 1.402e-01 9.625e-02 1.457 0.145239
c(Industry)Thermal Coal 2.221e-01 8.586e-02 2.587 0.009690 **
c(Industry)Tobacco 2.073e-01 7.983e-02 2.597 0.009426 **
c(Industry)Tools & Accessories 6.514e-02 7.249e-02 0.899 0.368818
c(Industry)Travel Services -1.260e-01 7.287e-02 -1.729 0.083906 .
c(Industry)Trucking -2.596e-02 8.500e-02 -0.305 0.760095
c(Industry)Uranium 2.531e-01 1.662e-01 1.523 0.127745
c(Industry)Utilities - Diversified 2.425e-01 8.885e-02 2.729 0.006360 **
c(Industry)Utilities - Independent Power Producers 1.340e-01 1.563e-01 0.857 0.391389
c(Industry)Utilities - Regulated Electric -2.339e-02 5.710e-02 -0.410 0.682088
c(Industry)Utilities - Regulated Gas -1.105e-01 7.457e-02 -1.482 0.138389
c(Industry)Utilities - Regulated Water 8.156e-02 9.099e-02 0.896 0.370078
c(Industry)Utilities - Renewable 5.050e-01 1.482e-01 3.409 0.000654 ***
c(Industry)Waste Management -5.390e-02 7.593e-02 -0.710 0.477838
Day_of_EarningsCall -8.673e-05 1.462e-05 -5.931 3.09e-09 ***
Covid_Exposure 3.566e-01 3.472e-03 102.698 < 2e-16 ***
PRiskT_health 6.205e-07 2.669e-07 2.324 0.020123 *
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 0.4224 on 13004 degrees of freedom
(3290 observations deleted due to missingness)
Multiple R-squared: 0.5201, Adjusted R-squared: 0.5148
F-statistic: 97.2 on 145 and 13004 DF, p-value: < 2.2e-16
lm(Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) + Day_of_EarningsCall + Covid_Net_Sentiment + Covid_Net_Sentiment:c(Industry), data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) +
Day_of_EarningsCall + Covid_Net_Sentiment + Covid_Net_Sentiment:c(Industry),
data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-101.070 -4.740 -0.264 4.372 252.209
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 1.743e+01 6.596e+00 2.642 0.00825 **
c(Industry)Aerospace & Defense 3.758e-01 1.434e+00 0.262 0.79322
c(Industry)Agricultural Inputs 1.865e+00 2.147e+00 0.869 0.38504
c(Industry)Airlines 7.405e-01 1.791e+00 0.413 0.67936
c(Industry)Airports & Air Services -2.520e+00 6.174e+00 -0.408 0.68318
c(Industry)Aluminum -1.372e+00 3.558e+00 -0.386 0.69987
c(Industry)Apparel Manufacturing 8.475e-01 1.546e+00 0.548 0.58354
c(Industry)Apparel Retail 2.441e+00 1.487e+00 1.642 0.10061
c(Industry)Asset Management 2.544e+00 1.306e+00 1.948 0.05147 .
c(Industry)Auto & Truck Dealerships 1.835e+00 1.672e+00 1.097 0.27249
c(Industry)Auto Manufacturers -8.148e-01 2.415e+00 -0.337 0.73585
c(Industry)Auto Parts 2.610e+00 1.479e+00 1.765 0.07760 .
c(Industry)Banks - Diversified -1.430e+00 2.759e+00 -0.518 0.60429
c(Industry)Banks - Regional 1.970e+00 1.256e+00 1.568 0.11679
c(Industry)Beverages - Brewers 3.299e+00 3.077e+00 1.072 0.28374
c(Industry)Beverages - Non-Alcoholic -1.564e+00 1.917e+00 -0.816 0.41466
c(Industry)Beverages - Wineries & Distilleries -2.491e+00 4.391e+00 -0.567 0.57051
c(Industry)Biotechnology 1.144e-01 1.221e+00 0.094 0.92532
c(Industry)Broadcasting 3.987e+00 1.742e+00 2.289 0.02208 *
c(Industry)Building Materials 1.075e+00 2.899e+00 0.371 0.71075
c(Industry)Building Products & Equipment 1.601e+00 1.497e+00 1.069 0.28495
c(Industry)Business Equipment & Supplies -2.207e+00 3.643e+00 -0.606 0.54469
c(Industry)Capital Markets 1.053e+00 1.864e+00 0.565 0.57219
c(Industry)Chemicals 2.992e+00 2.075e+00 1.442 0.14919
c(Industry)Coking Coal 2.466e+00 2.587e+00 0.953 0.34048
c(Industry)Communication Equipment 4.321e-01 1.427e+00 0.303 0.76204
c(Industry)Computer Hardware 1.935e+00 1.573e+00 1.230 0.21877
c(Industry)Confectioners 9.747e-01 3.109e+00 0.314 0.75390
c(Industry)Conglomerates 8.017e-01 1.695e+00 0.473 0.63626
c(Industry)Consulting Services 2.050e+00 1.798e+00 1.140 0.25419
c(Industry)Consumer Electronics 1.340e+00 2.279e+00 0.588 0.55677
c(Industry)Copper -1.382e-01 3.136e+00 -0.044 0.96487
c(Industry)Credit Services 4.875e+00 1.576e+00 3.093 0.00199 **
c(Industry)Department Stores -8.050e-01 2.671e+00 -0.301 0.76311
c(Industry)Diagnostics & Research 6.397e-01 1.329e+00 0.481 0.63026
c(Industry)Discount Stores -7.672e-01 1.809e+00 -0.424 0.67158
c(Industry)Drug Manufacturers - General 4.484e-01 1.737e+00 0.258 0.79627
c(Industry)Drug Manufacturers - Specialty & Generic -3.131e-01 1.351e+00 -0.232 0.81668
c(Industry)Education & Training Services 2.294e+00 1.736e+00 1.322 0.18636
c(Industry)Electrical Equipment & Parts -1.279e+00 1.657e+00 -0.772 0.44021
c(Industry)Electronic Components 1.731e+00 1.490e+00 1.162 0.24525
c(Industry)Electronic Gaming & Multimedia 5.880e+00 3.463e+00 1.698 0.08959 .
c(Industry)Electronics & Computer Distribution 3.573e+00 2.247e+00 1.590 0.11180
c(Industry)Engineering & Construction 9.739e-01 1.452e+00 0.671 0.50228
c(Industry)Entertainment 1.290e+00 1.563e+00 0.825 0.40919
c(Industry)Farm & Heavy Construction Machinery 8.897e-01 1.635e+00 0.544 0.58628
c(Industry)Farm Products -1.957e+00 1.937e+00 -1.010 0.31238
c(Industry)Financial Conglomerates 4.288e+00 3.298e+00 1.300 0.19358
c(Industry)Financial Data & Stock Exchanges -2.751e-02 1.967e+00 -0.014 0.98884
c(Industry)Food Distribution 2.158e-01 1.845e+00 0.117 0.90688
c(Industry)Footwear & Accessories 8.141e-01 1.753e+00 0.464 0.64241
c(Industry)Furnishings, Fixtures & Appliances 2.902e-01 1.580e+00 0.184 0.85425
c(Industry)Gambling 4.165e+00 2.003e+00 2.079 0.03764 *
c(Industry)Gold 1.352e+00 2.210e+00 0.612 0.54055
c(Industry)Grocery Stores 2.341e+00 2.097e+00 1.117 0.26421
c(Industry)Health Information Services -1.033e+00 1.475e+00 -0.700 0.48373
c(Industry)Healthcare Plans 8.313e-01 1.837e+00 0.453 0.65085
c(Industry)Home Improvement Retail 1.159e+00 2.292e+00 0.506 0.61320
c(Industry)Household & Personal Products 2.214e+00 1.551e+00 1.428 0.15344
c(Industry)Industrial Distribution 1.558e+00 1.640e+00 0.950 0.34211
c(Industry)Information Technology Services 2.762e+00 1.425e+00 1.939 0.05256 .
c(Industry)Infrastructure Operations 1.781e+00 5.626e+00 0.316 0.75165
c(Industry)Insurance - Diversified 4.120e+00 2.898e+00 1.422 0.15512
c(Industry)Insurance - Life 8.962e-02 1.867e+00 0.048 0.96171
c(Industry)Insurance - Property & Casualty 1.761e+00 1.546e+00 1.139 0.25458
c(Industry)Insurance - Reinsurance -4.851e+00 9.098e+00 -0.533 0.59389
c(Industry)Insurance - Specialty -1.741e-01 1.937e+00 -0.090 0.92840
c(Industry)Insurance Brokers -3.502e+00 2.190e+00 -1.599 0.10985
c(Industry)Integrated Freight & Logistics 2.193e+00 1.786e+00 1.228 0.21950
c(Industry)Internet Content & Information 3.898e+00 1.571e+00 2.481 0.01311 *
c(Industry)Internet Retail 1.645e+00 1.912e+00 0.860 0.38962
c(Industry)Leisure 2.286e+00 1.695e+00 1.349 0.17739
c(Industry)Lodging 1.413e+00 2.110e+00 0.670 0.50306
c(Industry)Lumber & Wood Production 2.147e+00 2.782e+00 0.772 0.44037
c(Industry)Luxury Goods -1.416e+00 2.626e+00 -0.539 0.58964
c(Industry)Marine Shipping 6.561e-01 2.905e+00 0.226 0.82135
c(Industry)Medical Care Facilities 1.882e+00 1.409e+00 1.336 0.18144
c(Industry)Medical Devices 1.635e-01 1.247e+00 0.131 0.89565
c(Industry)Medical Distribution 5.493e-03 1.863e+00 0.003 0.99765
c(Industry)Medical Instruments & Supplies 7.368e-01 1.346e+00 0.548 0.58399
c(Industry)Metal Fabrication -8.233e-03 1.874e+00 -0.004 0.99649
c(Industry)Mortgage Finance 1.964e+00 2.452e+00 0.801 0.42304
c(Industry)Oil & Gas Drilling 1.092e+00 4.231e+00 0.258 0.79641
c(Industry)Oil & Gas E&P 1.479e+00 1.622e+00 0.912 0.36199
c(Industry)Oil & Gas Equipment & Services 7.469e-02 1.492e+00 0.050 0.96008
c(Industry)Oil & Gas Integrated 1.030e+00 3.055e+00 0.337 0.73611
c(Industry)Oil & Gas Midstream 9.316e-01 1.732e+00 0.538 0.59063
c(Industry)Oil & Gas Refining & Marketing 2.432e+00 1.853e+00 1.312 0.18947
c(Industry)Other Industrial Metals & Mining -1.201e+00 4.173e+00 -0.288 0.77357
c(Industry)Other Precious Metals & Mining 4.104e+00 4.112e+00 0.998 0.31836
c(Industry)Packaged Foods 5.365e-01 1.369e+00 0.392 0.69525
c(Industry)Packaging & Containers 1.329e+00 1.590e+00 0.836 0.40319
c(Industry)Paper & Paper Products -1.319e+01 9.298e+00 -1.418 0.15609
c(Industry)Personal Services 1.619e+00 1.990e+00 0.813 0.41599
c(Industry)Pharmaceutical Retailers -1.539e+00 3.531e+00 -0.436 0.66302
c(Industry)Pollution & Treatment Controls 1.310e+00 2.511e+00 0.522 0.60189
c(Industry)Publishing 1.607e+00 2.516e+00 0.639 0.52289
c(Industry)Railroads 1.642e+00 2.079e+00 0.790 0.42963
c(Industry)Real Estate - Development 4.436e+00 4.353e+00 1.019 0.30819
c(Industry)Real Estate - Diversified 1.519e+00 4.388e+00 0.346 0.72914
c(Industry)Real Estate Services 2.888e+00 1.782e+00 1.621 0.10511
c(Industry)Recreational Vehicles 5.774e-01 2.084e+00 0.277 0.78176
c(Industry)REIT - Diversified 1.531e-02 1.853e+00 0.008 0.99341
c(Industry)REIT - Healthcare Facilities 1.578e+00 1.652e+00 0.955 0.33956
c(Industry)REIT - Hotel & Motel 9.974e-01 1.594e+00 0.626 0.53146
c(Industry)REIT - Industrial 6.296e-01 1.869e+00 0.337 0.73627
c(Industry)REIT - Mortgage 8.144e-01 1.437e+00 0.567 0.57081
c(Industry)REIT - Office 8.773e-01 1.650e+00 0.532 0.59495
c(Industry)REIT - Residential 1.799e+00 1.620e+00 1.110 0.26704
c(Industry)REIT - Retail 1.793e+00 1.567e+00 1.144 0.25276
c(Industry)REIT - Specialty 1.069e+00 1.596e+00 0.670 0.50275
c(Industry)Rental & Leasing Services 5.975e-01 1.773e+00 0.337 0.73617
c(Industry)Residential Construction 2.891e+00 1.792e+00 1.613 0.10667
c(Industry)Resorts & Casinos 1.988e+00 1.674e+00 1.188 0.23491
c(Industry)Restaurants 2.911e+00 1.391e+00 2.093 0.03640 *
c(Industry)Scientific & Technical Instruments 2.572e-01 1.561e+00 0.165 0.86915
c(Industry)Security & Protection Services -1.863e+00 1.933e+00 -0.964 0.33527
c(Industry)Semiconductor Equipment & Materials 1.326e+00 1.509e+00 0.879 0.37967
c(Industry)Semiconductors 3.560e+00 1.407e+00 2.530 0.01141 *
c(Industry)Software - Application 1.404e-01 1.248e+00 0.112 0.91044
c(Industry)Software - Infrastructure 8.872e-01 1.293e+00 0.686 0.49265
c(Industry)Solar 4.095e+00 2.392e+00 1.712 0.08693 .
c(Industry)Specialty Business Services -1.176e-01 1.599e+00 -0.074 0.94134
c(Industry)Specialty Chemicals 2.209e-01 1.385e+00 0.160 0.87321
c(Industry)Specialty Industrial Machinery 1.482e+00 1.347e+00 1.100 0.27148
c(Industry)Specialty Retail 2.839e+00 1.482e+00 1.915 0.05551 .
c(Industry)Staffing & Employment Services 3.114e+00 1.724e+00 1.807 0.07082 .
c(Industry)Steel 2.492e+00 2.047e+00 1.217 0.22363
c(Industry)Telecom Services 1.059e+00 1.609e+00 0.658 0.51029
c(Industry)Textile Manufacturing -3.035e+00 2.425e+00 -1.252 0.21075
c(Industry)Thermal Coal 9.257e-01 2.363e+00 0.392 0.69523
c(Industry)Tobacco 1.940e+00 2.227e+00 0.871 0.38353
c(Industry)Tools & Accessories 7.563e-02 1.877e+00 0.040 0.96787
c(Industry)Travel Services 1.106e+00 1.789e+00 0.618 0.53656
c(Industry)Trucking 2.388e+00 2.379e+00 1.004 0.31548
c(Industry)Uranium -6.731e+00 4.158e+00 -1.619 0.10548
c(Industry)Utilities - Diversified 1.090e+00 2.571e+00 0.424 0.67144
c(Industry)Utilities - Independent Power Producers 2.698e+00 4.727e+00 0.571 0.56823
c(Industry)Utilities - Regulated Electric 1.100e+00 1.459e+00 0.754 0.45069
c(Industry)Utilities - Regulated Gas 2.054e+00 1.931e+00 1.064 0.28741
c(Industry)Utilities - Regulated Water 2.236e+00 2.599e+00 0.861 0.38953
c(Industry)Utilities - Renewable 1.766e+00 4.688e+00 0.377 0.70636
c(Industry)Waste Management 7.522e-01 1.861e+00 0.404 0.68615
Day_of_EarningsCall -9.712e-04 3.475e-04 -2.795 0.00520 **
Covid_Net_Sentiment 6.724e-01 1.815e+00 0.370 0.71108
c(Industry)Aerospace & Defense:Covid_Net_Sentiment 1.986e-01 2.233e+00 0.089 0.92912
c(Industry)Agricultural Inputs:Covid_Net_Sentiment 1.646e+00 4.551e+00 0.362 0.71767
c(Industry)Airlines:Covid_Net_Sentiment 3.316e+00 4.178e+00 0.794 0.42734
c(Industry)Airports & Air Services:Covid_Net_Sentiment 2.314e+01 2.017e+01 1.147 0.25132
c(Industry)Aluminum:Covid_Net_Sentiment 2.642e-01 4.306e+00 0.061 0.95107
c(Industry)Apparel Manufacturing:Covid_Net_Sentiment -1.495e+00 2.480e+00 -0.603 0.54657
c(Industry)Apparel Retail:Covid_Net_Sentiment -3.237e+00 2.676e+00 -1.210 0.22648
c(Industry)Asset Management:Covid_Net_Sentiment 1.387e+00 2.082e+00 0.666 0.50530
c(Industry)Auto & Truck Dealerships:Covid_Net_Sentiment -6.247e+00 3.220e+00 -1.940 0.05240 .
c(Industry)Auto Manufacturers:Covid_Net_Sentiment -1.169e+00 6.440e+00 -0.182 0.85597
c(Industry)Auto Parts:Covid_Net_Sentiment 1.859e-01 2.096e+00 0.089 0.92931
c(Industry)Banks - Diversified:Covid_Net_Sentiment 6.888e-01 1.083e+01 0.064 0.94928
c(Industry)Banks - Regional:Covid_Net_Sentiment -3.184e-01 2.060e+00 -0.155 0.87720
c(Industry)Beverages - Brewers:Covid_Net_Sentiment 8.117e+00 6.495e+00 1.250 0.21145
c(Industry)Beverages - Non-Alcoholic:Covid_Net_Sentiment -8.903e-01 2.832e+00 -0.314 0.75328
c(Industry)Beverages - Wineries & Distilleries:Covid_Net_Sentiment 1.494e+00 9.720e+00 0.154 0.87788
c(Industry)Biotechnology:Covid_Net_Sentiment -3.761e-01 1.909e+00 -0.197 0.84383
c(Industry)Broadcasting:Covid_Net_Sentiment 4.166e+00 2.837e+00 1.468 0.14207
c(Industry)Building Materials:Covid_Net_Sentiment -1.810e+00 8.395e+00 -0.216 0.82935
c(Industry)Building Products & Equipment:Covid_Net_Sentiment -3.729e-01 2.731e+00 -0.137 0.89139
c(Industry)Business Equipment & Supplies:Covid_Net_Sentiment 1.659e+00 7.172e+00 0.231 0.81711
c(Industry)Capital Markets:Covid_Net_Sentiment 2.078e+00 4.193e+00 0.496 0.62022
c(Industry)Chemicals:Covid_Net_Sentiment 2.387e+00 2.535e+00 0.942 0.34643
c(Industry)Coking Coal:Covid_Net_Sentiment 3.572e+00 4.773e+00 0.748 0.45419
c(Industry)Communication Equipment:Covid_Net_Sentiment 5.077e-01 2.306e+00 0.220 0.82572
c(Industry)Computer Hardware:Covid_Net_Sentiment -2.188e+00 2.353e+00 -0.930 0.35242
c(Industry)Confectioners:Covid_Net_Sentiment 2.229e+00 7.009e+00 0.318 0.75046
c(Industry)Conglomerates:Covid_Net_Sentiment -1.015e+00 2.753e+00 -0.369 0.71234
c(Industry)Consulting Services:Covid_Net_Sentiment 6.793e-01 3.376e+00 0.201 0.84053
c(Industry)Consumer Electronics:Covid_Net_Sentiment 8.662e+00 3.961e+00 2.187 0.02879 *
c(Industry)Copper:Covid_Net_Sentiment -1.163e+00 7.483e+00 -0.155 0.87646
c(Industry)Credit Services:Covid_Net_Sentiment -1.016e-02 2.782e+00 -0.004 0.99709
c(Industry)Department Stores:Covid_Net_Sentiment -3.866e+00 6.253e+00 -0.618 0.53639
c(Industry)Diagnostics & Research:Covid_Net_Sentiment -3.528e-01 2.070e+00 -0.170 0.86470
c(Industry)Discount Stores:Covid_Net_Sentiment 1.647e+01 4.257e+00 3.869 0.00011 ***
c(Industry)Drug Manufacturers - General:Covid_Net_Sentiment -2.065e+00 3.007e+00 -0.687 0.49226
c(Industry)Drug Manufacturers - Specialty & Generic:Covid_Net_Sentiment -1.330e+00 2.017e+00 -0.659 0.50964
c(Industry)Education & Training Services:Covid_Net_Sentiment -2.950e-01 3.108e+00 -0.095 0.92437
c(Industry)Electrical Equipment & Parts:Covid_Net_Sentiment 1.531e+00 2.670e+00 0.573 0.56647
c(Industry)Electronic Components:Covid_Net_Sentiment -2.787e-01 2.192e+00 -0.127 0.89883
c(Industry)Electronic Gaming & Multimedia:Covid_Net_Sentiment 8.812e+00 2.039e+01 0.432 0.66557
c(Industry)Electronics & Computer Distribution:Covid_Net_Sentiment 3.557e+00 3.545e+00 1.003 0.31577
c(Industry)Engineering & Construction:Covid_Net_Sentiment -2.220e+00 2.401e+00 -0.925 0.35518
c(Industry)Entertainment:Covid_Net_Sentiment -7.746e-01 2.226e+00 -0.348 0.72790
c(Industry)Farm & Heavy Construction Machinery:Covid_Net_Sentiment -1.301e+00 2.610e+00 -0.499 0.61809
c(Industry)Farm Products:Covid_Net_Sentiment -1.060e+00 3.573e+00 -0.297 0.76667
c(Industry)Financial Conglomerates:Covid_Net_Sentiment 9.373e+00 7.763e+00 1.207 0.22726
c(Industry)Financial Data & Stock Exchanges:Covid_Net_Sentiment -1.573e+00 5.623e+00 -0.280 0.77974
c(Industry)Food Distribution:Covid_Net_Sentiment -8.323e-01 3.630e+00 -0.229 0.81865
c(Industry)Footwear & Accessories:Covid_Net_Sentiment -1.018e+00 3.085e+00 -0.330 0.74127
c(Industry)Furnishings, Fixtures & Appliances:Covid_Net_Sentiment -1.655e+00 2.509e+00 -0.660 0.50950
c(Industry)Gambling:Covid_Net_Sentiment 4.739e+00 4.133e+00 1.147 0.25152
c(Industry)Gold:Covid_Net_Sentiment 3.397e+00 4.916e+00 0.691 0.48958
c(Industry)Grocery Stores:Covid_Net_Sentiment -9.964e+00 4.357e+00 -2.287 0.02221 *
c(Industry)Health Information Services:Covid_Net_Sentiment -3.500e+00 2.535e+00 -1.381 0.16737
[ reached getOption("max.print") -- omitted 87 rows ]
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 10.18 on 12710 degrees of freedom
(3443 observations deleted due to missingness)
Multiple R-squared: 0.02655, Adjusted R-squared: 0.004647
F-statistic: 1.212 on 286 and 12710 DF, p-value: 0.008807
PercentChange_SharePrices_HierchicalIndustryCompany_RandomIndustryFirms <- glmer(
"Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Net_Sentiment + (1 | Industry/company_name)",
data=Closing_Share_Price_Across_Time,
family=gaussian) Warning: calling glmer() with family=gaussian (identity link) as a shortcut to lmer() is deprecated; please call lmer() directlyPercentChange_SharePrices_HierchicalIndustryCompany_RandomIndustryFirms Linear mixed model fit by REML ['lmerMod']
Formula: Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Net_Sentiment + (1 | Industry/company_name)
Data: Closing_Share_Price_Across_Time
REML criterion at convergence: 97238.78
Random effects:
Groups Name Std.Dev.
company_name:Industry (Intercept) 1.4651
Industry (Intercept) 0.6788
Residual 10.0722
Number of obs: 12997, groups: company_name:Industry, 2586; Industry, 143
Fixed Effects:
(Intercept) Day_of_EarningsCall Covid_Net_Sentiment
18.6028533 -0.0009705 0.6382260 summary(PercentChange_SharePrices_HierchicalIndustryCompany_RandomIndustryFirms)$coefficients Estimate Std. Error t value
(Intercept) 18.6028532790 6.3945309386 2.909182
Day_of_EarningsCall -0.0009704803 0.0003424276 -2.834118
Covid_Net_Sentiment 0.6382259795 0.1578113085 4.044235p-value for Day_of_EarningsCall < 0.05 p-value for Covid_Net_Sentiment < 0.01
tidy(PercentChange_SharePrices_HierchicalIndustryCompany_RandomIndustryFirms)
PercentChange_SharePrices_HierchicalIndustryCompany <- glmer(
"Percent_Change_bt_DayBefore_y_DayAfter ~ -1 + Day_of_EarningsCall + c(Industry) + Covid_Net_Sentiment:c(Industry) + (1 | company_name)",
data=Closing_Share_Price_Across_Time,
family=gaussian) Warning: calling glmer() with family=gaussian (identity link) as a shortcut to lmer() is deprecated; please call lmer() directlyWarning: Some predictor variables are on very different scales: consider rescalingsummary(PercentChange_SharePrices_HierchicalIndustryCompany)$coefficients Estimate Std. Error t value
Day_of_EarningsCall -9.769405e-04 3.471044e-04 -2.814543610
c(Industry)Advertising Agencies 1.752299e+01 6.600386e+00 2.654843495
c(Industry)Aerospace & Defense 1.792309e+01 6.543940e+00 2.738884005
c(Industry)Agricultural Inputs 1.932752e+01 6.732813e+00 2.870645058
c(Industry)Airlines 1.825161e+01 6.647717e+00 2.745545148
c(Industry)Airports & Air Services 1.501707e+01 8.919247e+00 1.683670101
c(Industry)Aluminum 1.619739e+01 7.347254e+00 2.204549684
c(Industry)Apparel Manufacturing 1.837053e+01 6.580083e+00 2.791838960
c(Industry)Apparel Retail 1.999504e+01 6.563559e+00 3.046371535
c(Industry)Asset Management 2.008727e+01 6.503776e+00 3.088555301
c(Industry)Auto & Truck Dealerships 1.921669e+01 6.617899e+00 2.903744489
c(Industry)Auto Manufacturers 1.670493e+01 6.849198e+00 2.438961294
c(Industry)Auto Parts 2.011695e+01 6.540363e+00 3.075815569
c(Industry)Banks - Diversified 1.612714e+01 6.981378e+00 2.310022745
c(Industry)Banks - Regional 1.952694e+01 6.491398e+00 3.008125841
c(Industry)Beverages - Brewers 2.086074e+01 7.135627e+00 2.923462430
c(Industry)Beverages - Non-Alcoholic 1.588149e+01 6.668816e+00 2.381456179
c(Industry)Beverages - Wineries & Distilleries 1.501220e+01 7.827290e+00 1.917930866
c(Industry)Biotechnology 1.768441e+01 6.474630e+00 2.731338594
c(Industry)Broadcasting 2.153236e+01 6.632099e+00 3.246688380
c(Industry)Building Materials 1.864640e+01 7.067884e+00 2.638186476
c(Industry)Building Products & Equipment 1.914115e+01 6.555648e+00 2.919795682
c(Industry)Business Equipment & Supplies 1.511786e+01 7.300092e+00 2.070913196
c(Industry)Capital Markets 1.860898e+01 6.636056e+00 2.804222430
c(Industry)Chemicals 2.058289e+01 6.698412e+00 3.072801096
c(Industry)Coking Coal 2.014108e+01 6.926850e+00 2.907683175
c(Industry)Communication Equipment 1.794202e+01 6.534046e+00 2.745927558
c(Industry)Computer Hardware 1.949671e+01 6.579174e+00 2.963398099
c(Industry)Confectioners 1.851132e+01 7.185692e+00 2.576136473
c(Industry)Conglomerates 1.838261e+01 6.607230e+00 2.782196028
c(Industry)Consulting Services 1.958518e+01 6.642924e+00 2.948276114
c(Industry)Consumer Electronics 1.895523e+01 6.805083e+00 2.785451858
c(Industry)Copper 1.738987e+01 7.215429e+00 2.410095495
c(Industry)Credit Services 2.251814e+01 6.580874e+00 3.421755564
c(Industry)Department Stores 1.666775e+01 6.938939e+00 2.402060141
c(Industry)Diagnostics & Research 1.814351e+01 6.519023e+00 2.783164214
c(Industry)Discount Stores 1.680495e+01 6.655115e+00 2.525117696
c(Industry)Drug Manufacturers - General 1.798558e+01 6.631100e+00 2.712307422
c(Industry)Drug Manufacturers - Specialty & Generic 1.722571e+01 6.528490e+00 2.638543946
c(Industry)Education & Training Services 1.982654e+01 6.639052e+00 2.986350374
c(Industry)Electrical Equipment & Parts 1.624622e+01 6.582537e+00 2.468078443
c(Industry)Electronic Components 1.926009e+01 6.560897e+00 2.935587791
c(Industry)Electronic Gaming & Multimedia 2.344708e+01 7.302749e+00 3.210719040
c(Industry)Electronics & Computer Distribution 2.110567e+01 6.788119e+00 3.109207812
c(Industry)Engineering & Construction 1.852586e+01 6.556397e+00 2.825615545
c(Industry)Entertainment 1.887896e+01 6.596569e+00 2.861936225
c(Industry)Farm & Heavy Construction Machinery 1.851262e+01 6.581842e+00 2.812680456
c(Industry)Farm Products 1.550059e+01 6.693367e+00 2.315813582
c(Industry)Financial Conglomerates 2.181677e+01 7.235031e+00 3.015436008
c(Industry)Financial Data & Stock Exchanges 1.750144e+01 6.670508e+00 2.623704357
c(Industry)Food Distribution 1.775426e+01 6.675468e+00 2.659627243
c(Industry)Footwear & Accessories 1.840003e+01 6.627786e+00 2.776196163
c(Industry)Furnishings, Fixtures & Appliances 1.768820e+01 6.594783e+00 2.682150608
c(Industry)Gambling 2.162362e+01 6.696621e+00 3.229034017
c(Industry)Gold 1.887446e+01 6.786698e+00 2.781096211
c(Industry)Grocery Stores 1.985645e+01 6.750405e+00 2.941519552
c(Industry)Health Information Services 1.660209e+01 6.561682e+00 2.530157536
c(Industry)Healthcare Plans 1.837395e+01 6.679426e+00 2.750828251
c(Industry)Home Improvement Retail 1.877905e+01 6.801826e+00 2.760883214
c(Industry)Household & Personal Products 1.977695e+01 6.563333e+00 3.013248352
c(Industry)Industrial Distribution 1.904282e+01 6.604612e+00 2.883260835
c(Industry)Information Technology Services 2.033555e+01 6.542534e+00 3.108206357
c(Industry)Infrastructure Operations 1.931645e+01 8.602088e+00 2.245553322
c(Industry)Insurance - Diversified 2.165922e+01 7.065240e+00 3.065602437
c(Industry)Insurance - Life 1.764955e+01 6.681431e+00 2.641582381
c(Industry)Insurance - Property & Casualty 1.930833e+01 6.577541e+00 2.935493603
c(Industry)Insurance - Reinsurance 1.268552e+01 1.115650e+01 1.137051748
c(Industry)Insurance - Specialty 1.736502e+01 6.705883e+00 2.589520843
c(Industry)Insurance Brokers 1.416070e+01 6.768144e+00 2.092257197
c(Industry)Integrated Freight & Logistics 1.964015e+01 6.641397e+00 2.957232324
c(Industry)Internet Content & Information 2.149086e+01 6.585982e+00 3.263122540
c(Industry)Internet Retail 1.905648e+01 6.673163e+00 2.855689985
c(Industry)Leisure 1.984655e+01 6.613617e+00 3.000861610
c(Industry)Lodging 1.898925e+01 6.748197e+00 2.813974523
c(Industry)Lumber & Wood Production 1.970579e+01 7.008393e+00 2.811741630
c(Industry)Luxury Goods 1.620376e+01 6.941688e+00 2.334267247
c(Industry)Marine Shipping 1.818305e+01 7.065573e+00 2.573472059
c(Industry)Medical Care Facilities 1.926648e+01 6.554778e+00 2.939302624
c(Industry)Medical Devices 1.770605e+01 6.507423e+00 2.720899933
c(Industry)Medical Distribution 1.748446e+01 6.668600e+00 2.621908497
c(Industry)Medical Instruments & Supplies 1.824140e+01 6.528630e+00 2.794062373
c(Industry)Metal Fabrication 1.752813e+01 6.659787e+00 2.631935543
c(Industry)Mortgage Finance 1.951672e+01 6.843416e+00 2.851897944
c(Industry)Oil & Gas Drilling 1.858914e+01 7.708769e+00 2.411427852
c(Industry)Oil & Gas E&P 1.900442e+01 6.566933e+00 2.893956445
c(Industry)Oil & Gas Equipment & Services 1.760545e+01 6.544200e+00 2.690236934
c(Industry)Oil & Gas Integrated 1.853968e+01 7.123102e+00 2.602754199
c(Industry)Oil & Gas Midstream 1.850390e+01 6.605317e+00 2.801364445
c(Industry)Oil & Gas Refining & Marketing 1.988788e+01 6.645362e+00 2.992746177
c(Industry)Other Industrial Metals & Mining 1.632299e+01 7.658758e+00 2.131284749
c(Industry)Other Precious Metals & Mining 2.166747e+01 7.648998e+00 2.832720361
c(Industry)Packaged Foods 1.803016e+01 6.526796e+00 2.762482552
c(Industry)Packaging & Containers 1.891135e+01 6.579495e+00 2.874286156
c(Industry)Paper & Paper Products 4.346957e+00 1.127403e+01 0.385572399
c(Industry)Personal Services 1.910966e+01 6.706652e+00 2.849359505
c(Industry)Pharmaceutical Retailers 1.599611e+01 7.335096e+00 2.180764099
c(Industry)Pollution & Treatment Controls 1.880624e+01 6.898147e+00 2.726273575
c(Industry)Publishing 1.919271e+01 6.907966e+00 2.778344827
c(Industry)Railroads 1.920804e+01 6.723442e+00 2.856875801
c(Industry)Real Estate - Development 2.193352e+01 7.737740e+00 2.834615978
c(Industry)Real Estate - Diversified 1.905599e+01 7.909559e+00 2.409235752
c(Industry)Real Estate Services 2.042546e+01 6.644186e+00 3.074184940
c(Industry)Recreational Vehicles 1.811045e+01 6.708832e+00 2.699493785
c(Industry)REIT - Diversified 1.756257e+01 6.659156e+00 2.637356721
c(Industry)REIT - Healthcare Facilities 1.910997e+01 6.595709e+00 2.897334061
c(Industry)REIT - Hotel & Motel 1.853731e+01 6.582477e+00 2.816159697
c(Industry)REIT - Industrial 1.815525e+01 6.631414e+00 2.737764635
c(Industry)REIT - Mortgage 1.834583e+01 6.546556e+00 2.802363114
c(Industry)REIT - Office 1.841960e+01 6.608928e+00 2.787078332
c(Industry)REIT - Residential 1.933413e+01 6.594612e+00 2.931806854
c(Industry)REIT - Retail 1.927536e+01 6.588406e+00 2.925648562
c(Industry)REIT - Specialty 1.860423e+01 6.585487e+00 2.825035343
c(Industry)Rental & Leasing Services 1.815573e+01 6.648934e+00 2.730623414
c(Industry)Residential Construction 2.046259e+01 6.631333e+00 3.085743121
c(Industry)Resorts & Casinos 1.958711e+01 6.613964e+00 2.961478605
c(Industry)Restaurants 2.045702e+01 6.540684e+00 3.127657339
c(Industry)Scientific & Technical Instruments 1.777158e+01 6.582571e+00 2.699792763
c(Industry)Security & Protection Services 1.552564e+01 6.700784e+00 2.316987998
c(Industry)Semiconductor Equipment & Materials 1.885861e+01 6.538323e+00 2.884319219
c(Industry)Semiconductors 2.112073e+01 6.513846e+00 3.242435892
c(Industry)Software - Application 1.766350e+01 6.500155e+00 2.717397327
c(Industry)Software - Infrastructure 1.836905e+01 6.508310e+00 2.822400031
c(Industry)Solar 2.162075e+01 6.849517e+00 3.156535716
c(Industry)Specialty Business Services 1.741142e+01 6.597695e+00 2.639014840
c(Industry)Specialty Chemicals 1.772000e+01 6.533476e+00 2.712184966
c(Industry)Specialty Industrial Machinery 1.895555e+01 6.518641e+00 2.907898968
c(Industry)Specialty Retail 2.036143e+01 6.551431e+00 3.107936626
c(Industry)Staffing & Employment Services 2.060825e+01 6.625427e+00 3.110479176
c(Industry)Steel 2.001727e+01 6.706064e+00 2.984950079
c(Industry)Telecom Services 1.860766e+01 6.580116e+00 2.827861582
c(Industry)Textile Manufacturing 1.452279e+01 6.861682e+00 2.116506205
c(Industry)Thermal Coal 1.849469e+01 6.826007e+00 2.709444607
c(Industry)Tobacco 1.939233e+01 6.790650e+00 2.855739119
c(Industry)Tools & Accessories 1.762643e+01 6.663461e+00 2.645236743
c(Industry)Travel Services 1.866228e+01 6.652106e+00 2.805469067
c(Industry)Trucking 1.997440e+01 6.824576e+00 2.926833553
c(Industry)Uranium 1.080500e+01 7.749856e+00 1.394218891
c(Industry)Utilities - Diversified 1.857978e+01 6.894231e+00 2.694974907
c(Industry)Utilities - Independent Power Producers 2.022584e+01 8.004847e+00 2.526699198
c(Industry)Utilities - Regulated Electric 1.865808e+01 6.548475e+00 2.849224470
c(Industry)Utilities - Regulated Gas 1.956075e+01 6.660971e+00 2.936620932
c(Industry)Utilities - Regulated Water 1.978501e+01 6.907317e+00 2.864354841
c(Industry)Utilities - Renewable 1.934145e+01 8.013290e+00 2.413671240
c(Industry)Waste Management 1.827130e+01 6.658832e+00 2.743920046
c(Industry)Advertising Agencies:Covid_Net_Sentiment 6.725509e-01 1.825314e+00 0.368457630
c(Industry)Aerospace & Defense:Covid_Net_Sentiment 8.964646e-01 1.309372e+00 0.684652584
c(Industry)Agricultural Inputs:Covid_Net_Sentiment 2.263819e+00 4.166881e+00 0.543288704
c(Industry)Airlines:Covid_Net_Sentiment 3.956423e+00 3.766572e+00 1.050404118
c(Industry)Airports & Air Services:Covid_Net_Sentiment 2.381702e+01 2.010741e+01 1.184489695
c(Industry)Aluminum:Covid_Net_Sentiment 8.033514e-01 3.930851e+00 0.204370856
c(Industry)Apparel Manufacturing:Covid_Net_Sentiment -8.369934e-01 1.705216e+00 -0.490843135
c(Industry)Apparel Retail:Covid_Net_Sentiment -2.499407e+00 1.963080e+00 -1.273206786
c(Industry)Asset Management:Covid_Net_Sentiment 2.064393e+00 1.025120e+00 2.013805222
c(Industry)Auto & Truck Dealerships:Covid_Net_Sentiment -5.772391e+00 2.668964e+00 -2.162783362
c(Industry)Auto Manufacturers:Covid_Net_Sentiment -7.155057e-01 6.154040e+00 -0.116266009
c(Industry)Auto Parts:Covid_Net_Sentiment 7.726555e-01 1.054925e+00 0.732426707
c(Industry)Banks - Diversified:Covid_Net_Sentiment 1.482074e+00 1.066969e+01 0.138905083
c(Industry)Banks - Regional:Covid_Net_Sentiment 3.895815e-01 9.823412e-01 0.396584704
c(Industry)Beverages - Brewers:Covid_Net_Sentiment 8.869658e+00 6.168455e+00 1.437905934
c(Industry)Beverages - Non-Alcoholic:Covid_Net_Sentiment -1.306401e-01 2.176346e+00 -0.060027273
c(Industry)Beverages - Wineries & Distilleries:Covid_Net_Sentiment 2.462221e+00 9.629038e+00 0.255707915
c(Industry)Biotechnology:Covid_Net_Sentiment 3.103947e-01 5.964029e-01 0.520444615
c(Industry)Broadcasting:Covid_Net_Sentiment 4.776540e+00 2.191856e+00 2.179221693
c(Industry)Building Materials:Covid_Net_Sentiment -1.038180e+00 8.326409e+00 -0.124685183
c(Industry)Building Products & Equipment:Covid_Net_Sentiment 2.621179e-01 2.049949e+00 0.127865535
c(Industry)Business Equipment & Supplies:Covid_Net_Sentiment 2.364379e+00 6.868544e+00 0.344232982
c(Industry)Capital Markets:Covid_Net_Sentiment 2.835836e+00 3.757020e+00 0.754809962
c(Industry)Chemicals:Covid_Net_Sentiment 3.231795e+00 1.801169e+00 1.794276215
c(Industry)Coking Coal:Covid_Net_Sentiment 4.213311e+00 4.382415e+00 0.961413037
c(Industry)Communication Equipment:Covid_Net_Sentiment 1.001880e+00 1.439051e+00 0.696208378
c(Industry)Computer Hardware:Covid_Net_Sentiment -1.521496e+00 1.525128e+00 -0.997618717
c(Industry)Confectioners:Covid_Net_Sentiment 2.898352e+00 6.713534e+00 0.431717817
c(Industry)Conglomerates:Covid_Net_Sentiment -3.619833e-01 2.074003e+00 -0.174533634
c(Industry)Consulting Services:Covid_Net_Sentiment 1.331599e+00 2.837290e+00 0.469320641
c(Industry)Consumer Electronics:Covid_Net_Sentiment 9.464217e+00 3.593178e+00 2.633940571
c(Industry)Copper:Covid_Net_Sentiment -5.449033e-01 7.248392e+00 -0.075175744
c(Industry)Credit Services:Covid_Net_Sentiment 7.210379e-01 2.128680e+00 0.338725334
c(Industry)Department Stores:Covid_Net_Sentiment -3.159208e+00 5.970755e+00 -0.529113656
c(Industry)Diagnostics & Research:Covid_Net_Sentiment 3.117489e-01 1.002728e+00 0.310900769
c(Industry)Discount Stores:Covid_Net_Sentiment 1.735666e+01 3.861971e+00 4.494248469
c(Industry)Drug Manufacturers - General:Covid_Net_Sentiment -1.325444e+00 2.436761e+00 -0.543936911
c(Industry)Drug Manufacturers - Specialty & Generic:Covid_Net_Sentiment -5.199854e-01 8.995517e-01 -0.578049527
c(Industry)Education & Training Services:Covid_Net_Sentiment 2.081421e-01 2.514741e+00 0.082768800
c(Industry)Electrical Equipment & Parts:Covid_Net_Sentiment 2.149634e+00 1.971581e+00 1.090309378
c(Industry)Electronic Components:Covid_Net_Sentiment 3.186425e-01 1.227822e+00 0.259518563
c(Industry)Electronic Gaming & Multimedia:Covid_Net_Sentiment 9.837269e+00 2.028150e+01 0.485036550
c(Industry)Electronics & Computer Distribution:Covid_Net_Sentiment 4.244024e+00 3.030998e+00 1.400206781
c(Industry)Engineering & Construction:Covid_Net_Sentiment -1.430404e+00 1.581058e+00 -0.904713017
c(Industry)Entertainment:Covid_Net_Sentiment -1.948726e-01 1.322225e+00 -0.147382324
c(Industry)Farm & Heavy Construction Machinery:Covid_Net_Sentiment -5.017472e-01 1.893711e+00 -0.264954524
c(Industry)Farm Products:Covid_Net_Sentiment -5.861827e-01 3.112396e+00 -0.188338108
c(Industry)Financial Conglomerates:Covid_Net_Sentiment 1.007588e+01 7.636365e+00 1.319460798
c(Industry)Financial Data & Stock Exchanges:Covid_Net_Sentiment -8.888756e-01 5.298199e+00 -0.167769378
c(Industry)Food Distribution:Covid_Net_Sentiment -3.760603e-01 3.149177e+00 -0.119415417
c(Industry)Footwear & Accessories:Covid_Net_Sentiment -2.685429e-01 2.517627e+00 -0.106665106
c(Industry)Furnishings, Fixtures & Appliances:Covid_Net_Sentiment -1.091046e+00 1.740516e+00 -0.626852372
c(Industry)Gambling:Covid_Net_Sentiment 5.111663e+00 3.758486e+00 1.360032656
c(Industry)Gold:Covid_Net_Sentiment 3.974303e+00 4.583313e+00 0.867124481
c(Industry)Grocery Stores:Covid_Net_Sentiment -9.148880e+00 4.030796e+00 -2.269745482
c(Industry)Health Information Services:Covid_Net_Sentiment -2.935378e+00 1.775470e+00 -1.653296494
c(Industry)Healthcare Plans:Covid_Net_Sentiment 1.716567e+00 2.621393e+00 0.654829946
c(Industry)Home Improvement Retail:Covid_Net_Sentiment 9.568531e-01 2.260313e+00 0.423327744
c(Industry)Household & Personal Products:Covid_Net_Sentiment 4.046490e-01 1.644447e+00 0.246069892
c(Industry)Industrial Distribution:Covid_Net_Sentiment -5.812667e+00 2.453127e+00 -2.369493215
c(Industry)Information Technology Services:Covid_Net_Sentiment 2.555935e+00 1.831685e+00 1.395400498
c(Industry)Infrastructure Operations:Covid_Net_Sentiment -2.852109e-01 8.237404e+00 -0.034623875
c(Industry)Insurance - Diversified:Covid_Net_Sentiment 4.277110e+00 4.102927e+00 1.042453300
c(Industry)Insurance - Life:Covid_Net_Sentiment -4.603718e-02 1.150395e+00 -0.040018587
c(Industry)Insurance - Property & Casualty:Covid_Net_Sentiment 1.279216e+00 9.634062e-01 1.327805667
c(Industry)Insurance - Reinsurance:Covid_Net_Sentiment -3.972069e+00 4.244340e+00 -0.935850991
c(Industry)Insurance - Specialty:Covid_Net_Sentiment 1.848568e+00 1.538274e+00 1.201716165
c(Industry)Insurance Brokers:Covid_Net_Sentiment -9.985894e-01 2.982241e+00 -0.334845342
c(Industry)Integrated Freight & Logistics:Covid_Net_Sentiment 8.088487e+00 3.076920e+00 2.628760900
c(Industry)Internet Content & Information:Covid_Net_Sentiment 1.975012e+00 2.677147e+00 0.737730383
c(Industry)Internet Retail:Covid_Net_Sentiment -1.507458e+00 3.118653e+00 -0.483368260
c(Industry)Leisure:Covid_Net_Sentiment 2.446550e+00 2.629393e+00 0.930462069
c(Industry)Lodging:Covid_Net_Sentiment -6.225425e+00 3.368413e+00 -1.848177323
c(Industry)Lumber & Wood Production:Covid_Net_Sentiment -2.514615e+00 4.976108e+00 -0.505337628
c(Industry)Luxury Goods:Covid_Net_Sentiment 4.834761e-01 4.354070e+00 0.111040042
c(Industry)Marine Shipping:Covid_Net_Sentiment -1.515307e+00 3.391450e+00 -0.446802147
c(Industry)Medical Care Facilities:Covid_Net_Sentiment 1.276612e+00 8.975489e-01 1.422331178
c(Industry)Medical Devices:Covid_Net_Sentiment 1.265179e+00 5.971513e-01 2.118690098
c(Industry)Medical Distribution:Covid_Net_Sentiment -1.772505e-01 2.818390e+00 -0.062890712
c(Industry)Medical Instruments & Supplies:Covid_Net_Sentiment 6.883875e-01 9.746950e-01 0.706259393
c(Industry)Metal Fabrication:Covid_Net_Sentiment 1.097564e+00 1.835692e+00 0.597901893
c(Industry)Mortgage Finance:Covid_Net_Sentiment 8.061598e-01 2.828682e+00 0.284994816
c(Industry)Oil & Gas Drilling:Covid_Net_Sentiment -9.015285e-01 5.019916e+00 -0.179590359
c(Industry)Oil & Gas E&P:Covid_Net_Sentiment -5.251194e-01 2.721354e+00 -0.192962585
c(Industry)Oil & Gas Equipment & Services:Covid_Net_Sentiment -2.037707e-02 1.169100e+00 -0.017429701
c(Industry)Oil & Gas Integrated:Covid_Net_Sentiment 3.716720e+00 6.120732e+00 0.607234613
c(Industry)Oil & Gas Midstream:Covid_Net_Sentiment -1.947376e-01 2.198124e+00 -0.088592637
c(Industry)Oil & Gas Refining & Marketing:Covid_Net_Sentiment 1.816068e+00 2.820320e+00 0.643922706
c(Industry)Other Industrial Metals & Mining:Covid_Net_Sentiment -3.568368e+00 7.854763e+00 -0.454293478
c(Industry)Other Precious Metals & Mining:Covid_Net_Sentiment -3.198266e-01 1.082735e+01 -0.029538786
c(Industry)Packaged Foods:Covid_Net_Sentiment 2.479688e+00 1.279788e+00 1.937577847
c(Industry)Packaging & Containers:Covid_Net_Sentiment -3.809013e-01 3.213441e+00 -0.118533758
c(Industry)Paper & Paper Products:Covid_Net_Sentiment -1.231426e+01 1.810663e+01 -0.680096893
c(Industry)Personal Services:Covid_Net_Sentiment 6.955890e-01 2.870816e+00 0.242296575
c(Industry)Pharmaceutical Retailers:Covid_Net_Sentiment -1.672664e+00 4.080030e+00 -0.409963728
c(Industry)Pollution & Treatment Controls:Covid_Net_Sentiment -1.535326e+00 4.239088e+00 -0.362183121
c(Industry)Publishing:Covid_Net_Sentiment 7.101992e-01 2.095048e+00 0.338989471
c(Industry)Railroads:Covid_Net_Sentiment 1.146206e+00 4.395625e+00 0.260760613
c(Industry)Real Estate - Development:Covid_Net_Sentiment 2.466398e+00 8.254987e+00 0.298776706
c(Industry)Real Estate - Diversified:Covid_Net_Sentiment 2.951464e+00 6.691138e+00 0.441100478
c(Industry)Real Estate Services:Covid_Net_Sentiment 3.670814e-01 2.926053e+00 0.125452733
c(Industry)Recreational Vehicles:Covid_Net_Sentiment -1.466607e+00 3.099722e+00 -0.473141323
c(Industry)REIT - Diversified:Covid_Net_Sentiment 1.762709e+00 3.230700e+00 0.545612149
c(Industry)REIT - Healthcare Facilities:Covid_Net_Sentiment 1.592130e+00 2.383924e+00 0.667860986
c(Industry)REIT - Hotel & Motel:Covid_Net_Sentiment 5.880653e+00 2.743703e+00 2.143326937
c(Industry)REIT - Industrial:Covid_Net_Sentiment -6.386170e-01 4.211767e+00 -0.151626856
c(Industry)REIT - Mortgage:Covid_Net_Sentiment 4.097220e-01 1.298274e+00 0.315589715
c(Industry)REIT - Office:Covid_Net_Sentiment 3.960797e+00 3.069770e+00 1.290258572
c(Industry)REIT - Residential:Covid_Net_Sentiment 1.123781e+00 3.344137e+00 0.336045234
c(Industry)REIT - Retail:Covid_Net_Sentiment -1.267943e+00 2.388916e+00 -0.530760614
c(Industry)REIT - Specialty:Covid_Net_Sentiment 9.137897e-01 2.130464e+00 0.428915852
c(Industry)Rental & Leasing Services:Covid_Net_Sentiment 5.919049e-01 2.450024e+00 0.241591448
c(Industry)Residential Construction:Covid_Net_Sentiment -8.313152e-01 1.730470e+00 -0.480398513
c(Industry)Resorts & Casinos:Covid_Net_Sentiment 9.458729e-01 2.560434e+00 0.369418957
c(Industry)Restaurants:Covid_Net_Sentiment 1.774190e+00 1.638654e+00 1.082712001
c(Industry)Scientific & Technical Instruments:Covid_Net_Sentiment -2.122107e-01 1.933490e+00 -0.109755257
c(Industry)Security & Protection Services:Covid_Net_Sentiment -1.747377e+00 2.730656e+00 -0.639911067
c(Industry)Semiconductor Equipment & Materials:Covid_Net_Sentiment 8.564378e-01 2.043402e+00 0.419123481
c(Industry)Semiconductors:Covid_Net_Sentiment 3.992987e+00 1.767990e+00 2.258489759
c(Industry)Software - Application:Covid_Net_Sentiment -6.093691e-01 9.866973e-01 -0.617584656
c(Industry)Software - Infrastructure:Covid_Net_Sentiment 2.864049e+00 1.316849e+00 2.174925601
c(Industry)Solar:Covid_Net_Sentiment 4.942293e+00 8.111415e+00 0.609300966
c(Industry)Specialty Business Services:Covid_Net_Sentiment 2.744538e+00 1.829250e+00 1.500362567
c(Industry)Specialty Chemicals:Covid_Net_Sentiment 7.103789e-02 1.342977e+00 0.052895837
c(Industry)Specialty Industrial Machinery:Covid_Net_Sentiment 7.598497e-01 1.156065e+00 0.657272630
c(Industry)Specialty Retail:Covid_Net_Sentiment 2.999486e+00 1.737906e+00 1.725919973
c(Industry)Staffing & Employment Services:Covid_Net_Sentiment 9.052833e-01 1.759231e+00 0.514590250
c(Industry)Steel:Covid_Net_Sentiment 5.645411e-01 3.318966e+00 0.170095490
c(Industry)Telecom Services:Covid_Net_Sentiment 2.271473e+00 1.993905e+00 1.139207975
c(Industry)Textile Manufacturing:Covid_Net_Sentiment 3.605093e-03 2.447776e+00 0.001472803
c(Industry)Thermal Coal:Covid_Net_Sentiment -5.328910e-02 2.267514e+00 -0.023501111
c(Industry)Tobacco:Covid_Net_Sentiment -4.185579e+00 2.415877e+00 -1.732529395
c(Industry)Tools & Accessories:Covid_Net_Sentiment -7.325023e-01 2.369622e+00 -0.309122058
c(Industry)Travel Services:Covid_Net_Sentiment 1.811519e+00 3.708809e+00 0.488436874
c(Industry)Trucking:Covid_Net_Sentiment 5.764375e+00 8.924307e+00 0.645918434
c(Industry)Uranium:Covid_Net_Sentiment 4.494686e-01 4.843891e+00 0.092790826
c(Industry)Utilities - Diversified:Covid_Net_Sentiment 1.422333e+00 1.982309e+00 0.717513176
c(Industry)Utilities - Independent Power Producers:Covid_Net_Sentiment 3.319414e+00 7.022029e+00 0.472714382
c(Industry)Utilities - Regulated Electric:Covid_Net_Sentiment 8.479670e-01 1.822268e+00 0.465336046
c(Industry)Utilities - Regulated Gas:Covid_Net_Sentiment 1.043379e+00 2.344847e+00 0.444966799
c(Industry)Utilities - Regulated Water:Covid_Net_Sentiment 1.709661e+00 3.259025e+00 0.524592941
c(Industry)Utilities - Renewable:Covid_Net_Sentiment 4.718024e-01 4.132892e+00 0.114157923
c(Industry)Waste Management:Covid_Net_Sentiment -9.952867e-01 2.676654e+00 -0.371839838
PercentChange_GeneralSentiment_SharePrices_HierchicalIndustryCompany <- glmer(
"Percent_Change_bt_DayBefore_y_DayAfter ~ -1 + Day_of_EarningsCall + c(Industry) + Covid_Net_Sentiment:c(Industry) + Sentiment:c(Industry) + (1 | company_name)",
data=Closing_Share_Price_Across_Time,
family=gaussian) Warning: calling glmer() with family=gaussian (identity link) as a shortcut to lmer() is deprecated; please call lmer() directlyWarning: Some predictor variables are on very different scales: consider rescalingsummary(PercentChange_GeneralSentiment_SharePrices_HierchicalIndustryCompany)$coefficients Estimate Std. Error t value
Day_of_EarningsCall -1.765355e-03 3.612158e-04 -4.88725884
c(Industry)Advertising Agencies 3.303228e+01 7.159124e+00 4.61401133
c(Industry)Aerospace & Defense 3.163304e+01 6.877065e+00 4.59978768
c(Industry)Agricultural Inputs 3.416026e+01 7.829477e+00 4.36303236
c(Industry)Airlines 3.111591e+01 7.330144e+00 4.24492513
c(Industry)Airports & Air Services 6.339259e+01 2.218564e+01 2.85737002
c(Industry)Aluminum 3.025325e+01 8.180086e+00 3.69840219
c(Industry)Apparel Manufacturing 3.018737e+01 7.139608e+00 4.22815447
c(Industry)Apparel Retail 3.395978e+01 6.984544e+00 4.86213258
c(Industry)Asset Management 3.419826e+01 6.772298e+00 5.04972713
c(Industry)Auto & Truck Dealerships 2.995313e+01 7.278829e+00 4.11510338
c(Industry)Auto Manufacturers 2.011257e+01 8.812561e+00 2.28226101
c(Industry)Auto Parts 3.174768e+01 6.896034e+00 4.60375913
c(Industry)Banks - Diversified 2.965652e+01 7.277590e+00 4.07504668
c(Industry)Banks - Regional 3.412081e+01 6.729773e+00 5.07012821
c(Industry)Beverages - Brewers 3.160107e+01 9.064905e+00 3.48608928
c(Industry)Beverages - Non-Alcoholic 3.313280e+01 7.394390e+00 4.48080237
c(Industry)Beverages - Wineries & Distilleries 5.066185e+01 3.322476e+01 1.52482221
c(Industry)Biotechnology 3.244725e+01 6.772267e+00 4.79119470
c(Industry)Broadcasting 3.748839e+01 7.229249e+00 5.18565495
c(Industry)Building Materials 3.530224e+01 9.185791e+00 3.84313578
c(Industry)Building Products & Equipment 3.267061e+01 7.016321e+00 4.65637376
c(Industry)Business Equipment & Supplies 2.021507e+01 9.263284e+00 2.18227908
c(Industry)Capital Markets 3.182241e+01 7.005249e+00 4.54265175
c(Industry)Chemicals 3.448080e+01 7.422732e+00 4.64529788
c(Industry)Coking Coal 3.605004e+01 7.568144e+00 4.76339164
c(Industry)Communication Equipment 3.021083e+01 6.932219e+00 4.35803155
c(Industry)Computer Hardware 3.440203e+01 7.094854e+00 4.84887022
c(Industry)Confectioners 3.213864e+01 1.133816e+01 2.83455505
c(Industry)Conglomerates 3.046840e+01 7.187125e+00 4.23930296
c(Industry)Consulting Services 3.235781e+01 7.051539e+00 4.58875928
c(Industry)Consumer Electronics 2.386091e+01 8.179901e+00 2.91701726
c(Industry)Copper 3.578140e+01 8.636557e+00 4.14301688
c(Industry)Credit Services 3.857732e+01 6.901835e+00 5.58943001
c(Industry)Department Stores 1.337672e+01 1.058970e+01 1.26318272
c(Industry)Diagnostics & Research 3.324812e+01 6.837311e+00 4.86274743
c(Industry)Discount Stores 2.944548e+01 7.789145e+00 3.78032283
c(Industry)Drug Manufacturers - General 3.213102e+01 7.514552e+00 4.27584007
c(Industry)Drug Manufacturers - Specialty & Generic 3.080791e+01 6.915611e+00 4.45483497
c(Industry)Education & Training Services 3.288552e+01 7.218175e+00 4.55593268
c(Industry)Electrical Equipment & Parts 2.753003e+01 7.197780e+00 3.82479421
c(Industry)Electronic Components 3.029513e+01 6.937549e+00 4.36683436
c(Industry)Electronic Gaming & Multimedia 4.698605e+01 1.384450e+01 3.39384203
c(Industry)Electronics & Computer Distribution 3.376731e+01 8.360422e+00 4.03894796
c(Industry)Engineering & Construction 2.871193e+01 7.034479e+00 4.08160064
c(Industry)Entertainment 3.200531e+01 7.158328e+00 4.47105975
c(Industry)Farm & Heavy Construction Machinery 3.124970e+01 7.017843e+00 4.45289256
c(Industry)Farm Products 2.218443e+01 7.470914e+00 2.96943972
c(Industry)Financial Conglomerates 3.777629e+01 9.540838e+00 3.95943111
c(Industry)Financial Data & Stock Exchanges 3.265426e+01 7.442992e+00 4.38724837
c(Industry)Food Distribution 2.851048e+01 7.959198e+00 3.58207908
c(Industry)Footwear & Accessories 2.705062e+01 7.193525e+00 3.76041233
c(Industry)Furnishings, Fixtures & Appliances 2.924305e+01 6.980331e+00 4.18935000
c(Industry)Gambling 3.938420e+01 7.566641e+00 5.20497860
c(Industry)Gold 3.251901e+01 7.768259e+00 4.18613841
c(Industry)Grocery Stores 2.472722e+01 9.626761e+00 2.56859157
c(Industry)Health Information Services 2.253566e+01 7.081774e+00 3.18220557
c(Industry)Healthcare Plans 3.323046e+01 7.294939e+00 4.55527574
c(Industry)Home Improvement Retail 3.778968e+01 8.655202e+00 4.36612319
c(Industry)Household & Personal Products 3.025889e+01 7.139287e+00 4.23836264
c(Industry)Industrial Distribution 2.892226e+01 7.123257e+00 4.06025807
c(Industry)Information Technology Services 3.400370e+01 7.040140e+00 4.82997538
c(Industry)Infrastructure Operations 3.457803e+01 8.905489e+00 3.88277739
c(Industry)Insurance - Diversified 2.859405e+01 9.372018e+00 3.05100295
c(Industry)Insurance - Life 3.111242e+01 7.045097e+00 4.41618098
c(Industry)Insurance - Property & Casualty 3.304090e+01 6.838339e+00 4.83171397
c(Industry)Insurance - Reinsurance 2.270132e+01 1.175234e+01 1.93164296
c(Industry)Insurance - Specialty 3.191837e+01 6.960727e+00 4.58549380
c(Industry)Insurance Brokers 3.131863e+01 7.498656e+00 4.17656638
c(Industry)Integrated Freight & Logistics 3.400446e+01 7.272609e+00 4.67568948
c(Industry)Internet Content & Information 3.165844e+01 7.376668e+00 4.29169899
c(Industry)Internet Retail 2.343505e+01 7.722163e+00 3.03477786
c(Industry)Leisure 3.137719e+01 7.258398e+00 4.32288078
c(Industry)Lodging 3.523687e+01 7.442255e+00 4.73470383
c(Industry)Lumber & Wood Production 2.962157e+01 1.033369e+01 2.86650394
c(Industry)Luxury Goods 1.564867e+01 8.535175e+00 1.83343281
c(Industry)Marine Shipping 2.918223e+01 7.902490e+00 3.69278921
c(Industry)Medical Care Facilities 3.051516e+01 6.905553e+00 4.41893100
c(Industry)Medical Devices 2.958256e+01 6.771294e+00 4.36881900
c(Industry)Medical Distribution 2.487647e+01 7.682345e+00 3.23813511
c(Industry)Medical Instruments & Supplies 3.186275e+01 6.886774e+00 4.62665806
c(Industry)Metal Fabrication 3.133521e+01 7.122128e+00 4.39969839
c(Industry)Mortgage Finance 3.375824e+01 7.420254e+00 4.54947270
c(Industry)Oil & Gas Drilling 3.489654e+01 9.069830e+00 3.84754058
c(Industry)Oil & Gas E&P 3.339244e+01 6.959991e+00 4.79777043
c(Industry)Oil & Gas Equipment & Services 3.180700e+01 6.841473e+00 4.64914438
c(Industry)Oil & Gas Integrated 3.070054e+01 7.967152e+00 3.85338954
c(Industry)Oil & Gas Midstream 3.221394e+01 7.060543e+00 4.56253096
c(Industry)Oil & Gas Refining & Marketing 3.356347e+01 7.082858e+00 4.73868999
c(Industry)Other Industrial Metals & Mining 2.707025e+01 1.050359e+01 2.57723763
c(Industry)Other Precious Metals & Mining 2.052182e+01 1.587010e+01 1.29311243
c(Industry)Packaged Foods 3.310874e+01 6.928251e+00 4.77880247
c(Industry)Packaging & Containers 3.169498e+01 6.985753e+00 4.53708794
c(Industry)Paper & Paper Products 1.740358e+01 1.291071e+01 1.34799543
c(Industry)Personal Services 2.845703e+01 7.509222e+00 3.78961128
c(Industry)Pharmaceutical Retailers 2.676409e+01 9.698206e+00 2.75969542
c(Industry)Pollution & Treatment Controls 1.998048e+01 8.786479e+00 2.27400311
c(Industry)Publishing 3.316134e+01 8.247829e+00 4.02061411
c(Industry)Railroads 3.031947e+01 7.271827e+00 4.16944358
c(Industry)Real Estate - Development 3.589784e+01 9.263039e+00 3.87538477
c(Industry)Real Estate - Diversified 3.953681e+01 1.042793e+01 3.79143442
c(Industry)Real Estate Services 3.295940e+01 7.416103e+00 4.44430175
c(Industry)Recreational Vehicles 3.938308e+01 7.706774e+00 5.11019022
c(Industry)REIT - Diversified 2.932699e+01 7.458469e+00 3.93203893
c(Industry)REIT - Healthcare Facilities 3.347840e+01 6.936844e+00 4.82617168
c(Industry)REIT - Hotel & Motel 3.478926e+01 6.974054e+00 4.98838360
c(Industry)REIT - Industrial 3.245986e+01 7.121826e+00 4.55779981
c(Industry)REIT - Mortgage 3.173608e+01 6.853892e+00 4.63037344
c(Industry)REIT - Office 3.149065e+01 7.019417e+00 4.48622033
c(Industry)REIT - Residential 3.587647e+01 6.951089e+00 5.16127270
c(Industry)REIT - Retail 3.486979e+01 6.970591e+00 5.00241546
c(Industry)REIT - Specialty 3.250848e+01 6.977619e+00 4.65896489
c(Industry)Rental & Leasing Services 3.380044e+01 7.108597e+00 4.75486767
c(Industry)Residential Construction 3.729044e+01 7.113060e+00 5.24253098
c(Industry)Resorts & Casinos 3.085352e+01 7.247789e+00 4.25695672
c(Industry)Restaurants 3.771151e+01 6.961799e+00 5.41692037
c(Industry)Scientific & Technical Instruments 3.033011e+01 7.013389e+00 4.32460141
c(Industry)Security & Protection Services 2.973338e+01 7.231499e+00 4.11164811
c(Industry)Semiconductor Equipment & Materials 3.156700e+01 7.066144e+00 4.46735858
c(Industry)Semiconductors 3.357853e+01 6.906556e+00 4.86183384
c(Industry)Software - Application 3.158406e+01 6.787986e+00 4.65293558
c(Industry)Software - Infrastructure 3.178626e+01 6.845508e+00 4.64337499
c(Industry)Solar 4.222305e+01 9.788560e+00 4.31350964
c(Industry)Specialty Business Services 2.682429e+01 7.022508e+00 3.81975862
c(Industry)Specialty Chemicals 2.908595e+01 6.855558e+00 4.24268233
c(Industry)Specialty Industrial Machinery 3.226446e+01 6.802263e+00 4.74319418
c(Industry)Specialty Retail 3.681676e+01 7.063164e+00 5.21250192
c(Industry)Staffing & Employment Services 3.476108e+01 7.091638e+00 4.90169982
c(Industry)Steel 3.567549e+01 7.537670e+00 4.73295929
c(Industry)Telecom Services 3.119850e+01 7.046120e+00 4.42775612
c(Industry)Textile Manufacturing 2.894885e+01 8.122181e+00 3.56417253
c(Industry)Thermal Coal 3.287102e+01 7.515527e+00 4.37374773
c(Industry)Tobacco 2.305544e+01 7.822112e+00 2.94746981
c(Industry)Tools & Accessories 3.187751e+01 7.165062e+00 4.44902137
c(Industry)Travel Services 3.295739e+01 7.448099e+00 4.42493981
c(Industry)Trucking 3.301367e+01 8.274945e+00 3.98959428
c(Industry)Uranium 2.294470e+01 9.459048e+00 2.42568776
c(Industry)Utilities - Diversified 3.073623e+01 7.933579e+00 3.87419394
c(Industry)Utilities - Independent Power Producers 3.260522e+01 1.130406e+01 2.88438253
c(Industry)Utilities - Regulated Electric 3.264913e+01 6.906287e+00 4.72744985
c(Industry)Utilities - Regulated Gas 3.404206e+01 7.286176e+00 4.67214364
c(Industry)Utilities - Regulated Water 3.360638e+01 7.438051e+00 4.51817041
c(Industry)Utilities - Renewable 3.268726e+01 9.418577e+00 3.47050953
c(Industry)Waste Management 3.338136e+01 7.303829e+00 4.57039159
c(Industry)Advertising Agencies:Covid_Net_Sentiment 1.154495e+00 2.152278e+00 0.53640614
c(Industry)Aerospace & Defense:Covid_Net_Sentiment 5.211245e-01 1.393106e+00 0.37407392
c(Industry)Agricultural Inputs:Covid_Net_Sentiment 2.381496e+00 4.214787e+00 0.56503351
c(Industry)Airlines:Covid_Net_Sentiment 2.534708e+00 4.244705e+00 0.59714578
c(Industry)Airports & Air Services:Covid_Net_Sentiment 5.891482e+01 2.890858e+01 2.03796982
c(Industry)Aluminum:Covid_Net_Sentiment 5.727551e-01 4.087914e+00 0.14010937
c(Industry)Apparel Manufacturing:Covid_Net_Sentiment -1.606584e+00 1.818116e+00 -0.88365317
c(Industry)Apparel Retail:Covid_Net_Sentiment -2.714340e+00 2.029937e+00 -1.33715468
c(Industry)Asset Management:Covid_Net_Sentiment 1.819867e+00 1.106695e+00 1.64441579
c(Industry)Auto & Truck Dealerships:Covid_Net_Sentiment -6.711864e+00 2.736700e+00 -2.45253961
c(Industry)Auto Manufacturers:Covid_Net_Sentiment -8.490757e-01 6.127094e+00 -0.13857724
c(Industry)Auto Parts:Covid_Net_Sentiment 2.340233e-01 1.078004e+00 0.21708947
c(Industry)Banks - Diversified:Covid_Net_Sentiment -3.482582e+00 1.159540e+01 -0.30034164
c(Industry)Banks - Regional:Covid_Net_Sentiment 3.925460e-01 1.086956e+00 0.36114259
c(Industry)Beverages - Brewers:Covid_Net_Sentiment 7.224451e+00 6.561448e+00 1.10104517
c(Industry)Beverages - Non-Alcoholic:Covid_Net_Sentiment -2.544919e-01 2.173332e+00 -0.11709755
c(Industry)Beverages - Wineries & Distilleries:Covid_Net_Sentiment 1.353701e+01 1.926488e+01 0.70267829
c(Industry)Biotechnology:Covid_Net_Sentiment 3.615056e-01 6.345756e-01 0.56968090
c(Industry)Broadcasting:Covid_Net_Sentiment 5.737523e+00 2.717365e+00 2.11142896
c(Industry)Building Materials:Covid_Net_Sentiment 1.271854e+00 1.044703e+01 0.12174312
c(Industry)Building Products & Equipment:Covid_Net_Sentiment -1.758720e-01 2.164620e+00 -0.08124847
c(Industry)Business Equipment & Supplies:Covid_Net_Sentiment -5.790431e+00 8.754164e+00 -0.66144876
c(Industry)Capital Markets:Covid_Net_Sentiment 1.290397e+00 4.026254e+00 0.32049569
c(Industry)Chemicals:Covid_Net_Sentiment 2.857212e+00 2.350552e+00 1.21554957
c(Industry)Coking Coal:Covid_Net_Sentiment 4.930079e+00 4.544182e+00 1.08492118
c(Industry)Communication Equipment:Covid_Net_Sentiment 3.022095e-01 1.497355e+00 0.20182891
c(Industry)Computer Hardware:Covid_Net_Sentiment -1.373976e+00 1.775494e+00 -0.77385546
c(Industry)Confectioners:Covid_Net_Sentiment 2.360698e+00 7.946990e+00 0.29705557
c(Industry)Conglomerates:Covid_Net_Sentiment -1.400994e+00 2.269190e+00 -0.61739832
c(Industry)Consulting Services:Covid_Net_Sentiment 7.148202e-01 2.887320e+00 0.24757223
c(Industry)Consumer Electronics:Covid_Net_Sentiment 4.867814e+00 4.068066e+00 1.19659165
c(Industry)Copper:Covid_Net_Sentiment 4.478232e+00 9.232700e+00 0.48504033
c(Industry)Credit Services:Covid_Net_Sentiment 1.916647e+00 2.348183e+00 0.81622555
c(Industry)Department Stores:Covid_Net_Sentiment -6.797354e+00 6.163670e+00 -1.10280943
c(Industry)Diagnostics & Research:Covid_Net_Sentiment 4.928701e-01 1.092378e+00 0.45118986
c(Industry)Discount Stores:Covid_Net_Sentiment 1.647637e+01 4.200800e+00 3.92219888
c(Industry)Drug Manufacturers - General:Covid_Net_Sentiment -1.437131e+00 2.537727e+00 -0.56630645
c(Industry)Drug Manufacturers - Specialty & Generic:Covid_Net_Sentiment -8.491027e-01 1.008893e+00 -0.84161801
c(Industry)Education & Training Services:Covid_Net_Sentiment -5.536685e-01 2.715715e+00 -0.20387575
c(Industry)Electrical Equipment & Parts:Covid_Net_Sentiment 1.177372e+00 2.078994e+00 0.56631835
c(Industry)Electronic Components:Covid_Net_Sentiment -7.340258e-01 1.300230e+00 -0.56453556
c(Industry)Electronic Gaming & Multimedia:Covid_Net_Sentiment 1.343390e+01 2.089612e+01 0.64288936
c(Industry)Electronics & Computer Distribution:Covid_Net_Sentiment 3.392195e+00 3.701486e+00 0.91644158
c(Industry)Engineering & Construction:Covid_Net_Sentiment -2.859347e+00 1.692570e+00 -1.68935233
c(Industry)Entertainment:Covid_Net_Sentiment -8.484634e-01 1.677191e+00 -0.50588347
c(Industry)Farm & Heavy Construction Machinery:Covid_Net_Sentiment -1.240403e+00 2.012566e+00 -0.61632932
c(Industry)Farm Products:Covid_Net_Sentiment -6.111444e+00 3.708497e+00 -1.64795734
c(Industry)Financial Conglomerates:Covid_Net_Sentiment 1.096443e+01 8.517030e+00 1.28735320
c(Industry)Financial Data & Stock Exchanges:Covid_Net_Sentiment -3.768309e-01 5.754189e+00 -0.06548811
c(Industry)Food Distribution:Covid_Net_Sentiment -1.805965e+00 3.496990e+00 -0.51643418
c(Industry)Footwear & Accessories:Covid_Net_Sentiment -2.771259e+00 2.685130e+00 -1.03207617
c(Industry)Furnishings, Fixtures & Appliances:Covid_Net_Sentiment -2.058426e+00 1.793304e+00 -1.14784001
c(Industry)Gambling:Covid_Net_Sentiment 5.358400e+00 3.765381e+00 1.42306951
c(Industry)Gold:Covid_Net_Sentiment 3.366744e+00 4.792885e+00 0.70244623
c(Industry)Grocery Stores:Covid_Net_Sentiment -1.058143e+01 4.143760e+00 -2.55358126
c(Industry)Health Information Services:Covid_Net_Sentiment -6.673008e+00 1.970537e+00 -3.38639084
c(Industry)Healthcare Plans:Covid_Net_Sentiment 1.817948e+00 2.818893e+00 0.64491567
c(Industry)Home Improvement Retail:Covid_Net_Sentiment 1.743172e+00 2.438723e+00 0.71478887
c(Industry)Household & Personal Products:Covid_Net_Sentiment -9.800578e-01 1.791330e+00 -0.54711179
c(Industry)Industrial Distribution:Covid_Net_Sentiment -7.722557e+00 2.600543e+00 -2.96959360
c(Industry)Information Technology Services:Covid_Net_Sentiment 2.173069e+00 2.000715e+00 1.08614598
c(Industry)Infrastructure Operations:Covid_Net_Sentiment 2.402355e-01 8.277362e+00 0.02902320
c(Industry)Insurance - Diversified:Covid_Net_Sentiment 7.781615e-01 4.892726e+00 0.15904455
c(Industry)Insurance - Life:Covid_Net_Sentiment -6.205768e-01 1.330541e+00 -0.46640920
c(Industry)Insurance - Property & Casualty:Covid_Net_Sentiment 3.787937e-01 1.052880e+00 0.35976908
c(Industry)Insurance - Reinsurance:Covid_Net_Sentiment -5.706984e+00 4.400515e+00 -1.29689000
c(Industry)Insurance - Specialty:Covid_Net_Sentiment 1.280031e+00 1.630791e+00 0.78491411
c(Industry)Insurance Brokers:Covid_Net_Sentiment -3.042965e-01 3.046408e+00 -0.09988697
c(Industry)Integrated Freight & Logistics:Covid_Net_Sentiment 8.042507e+00 3.252289e+00 2.47287608
c(Industry)Internet Content & Information:Covid_Net_Sentiment 6.851631e-01 2.823664e+00 0.24265039
c(Industry)Internet Retail:Covid_Net_Sentiment -3.890979e+00 3.216154e+00 -1.20982371
c(Industry)Leisure:Covid_Net_Sentiment 1.625592e+00 2.702447e+00 0.60152602
c(Industry)Lodging:Covid_Net_Sentiment -5.107455e+00 3.725153e+00 -1.37107244
c(Industry)Lumber & Wood Production:Covid_Net_Sentiment -3.529246e+00 5.216015e+00 -0.67661740
c(Industry)Luxury Goods:Covid_Net_Sentiment -1.003481e+00 4.370444e+00 -0.22960615
c(Industry)Marine Shipping:Covid_Net_Sentiment -3.254240e+00 3.716021e+00 -0.87573247
c(Industry)Medical Care Facilities:Covid_Net_Sentiment -1.150371e-01 1.039358e+00 -0.11068095
c(Industry)Medical Devices:Covid_Net_Sentiment 5.981123e-01 6.283533e-01 0.95187260
c(Industry)Medical Distribution:Covid_Net_Sentiment -3.308877e+00 3.175118e+00 -1.04212719
c(Industry)Medical Instruments & Supplies:Covid_Net_Sentiment 3.787602e-01 1.070600e+00 0.35378317
c(Industry)Metal Fabrication:Covid_Net_Sentiment 6.798643e-01 2.004046e+00 0.33924595
c(Industry)Mortgage Finance:Covid_Net_Sentiment 5.091771e-01 3.215910e+00 0.15833062
c(Industry)Oil & Gas Drilling:Covid_Net_Sentiment 7.130656e-01 6.547751e+00 0.10890238
c(Industry)Oil & Gas E&P:Covid_Net_Sentiment -5.623663e-01 2.806487e+00 -0.20038090
c(Industry)Oil & Gas Equipment & Services:Covid_Net_Sentiment -2.203988e-01 1.243130e+00 -0.17729350
c(Industry)Oil & Gas Integrated:Covid_Net_Sentiment 4.073706e+00 6.111635e+00 0.66654929
c(Industry)Oil & Gas Midstream:Covid_Net_Sentiment -6.358114e-01 2.391202e+00 -0.26589619
c(Industry)Oil & Gas Refining & Marketing:Covid_Net_Sentiment 9.402785e-01 3.200435e+00 0.29379714
c(Industry)Other Industrial Metals & Mining:Covid_Net_Sentiment -4.383750e+00 7.991042e+00 -0.54858298
c(Industry)Other Precious Metals & Mining:Covid_Net_Sentiment -4.428705e+00 1.148992e+01 -0.38544283
c(Industry)Packaged Foods:Covid_Net_Sentiment 2.648142e+00 1.390033e+00 1.90509301
c(Industry)Packaging & Containers:Covid_Net_Sentiment -1.568678e+00 3.354673e+00 -0.46760996
c(Industry)Paper & Paper Products:Covid_Net_Sentiment -1.331558e+01 1.817866e+01 -0.73248425
c(Industry)Personal Services:Covid_Net_Sentiment -2.254738e-01 2.913391e+00 -0.07739223
c(Industry)Pharmaceutical Retailers:Covid_Net_Sentiment -2.549474e+00 4.344436e+00 -0.58683662
c(Industry)Pollution & Treatment Controls:Covid_Net_Sentiment -9.347068e+00 5.191339e+00 -1.80051186
c(Industry)Publishing:Covid_Net_Sentiment 6.594808e-01 2.205640e+00 0.29899751
c(Industry)Railroads:Covid_Net_Sentiment -6.723999e-01 4.517578e+00 -0.14884078
c(Industry)Real Estate - Development:Covid_Net_Sentiment 2.447750e+00 8.259715e+00 0.29634799
c(Industry)Real Estate - Diversified:Covid_Net_Sentiment 3.099686e+00 6.657977e+00 0.46555968
c(Industry)Real Estate Services:Covid_Net_Sentiment -2.656356e-01 3.033862e+00 -0.08755692
c(Industry)Recreational Vehicles:Covid_Net_Sentiment 1.098922e+00 3.362643e+00 0.32680287
c(Industry)REIT - Diversified:Covid_Net_Sentiment 5.105826e-01 3.484593e+00 0.14652575
c(Industry)REIT - Healthcare Facilities:Covid_Net_Sentiment 1.233508e+00 2.624683e+00 0.46996471
c(Industry)REIT - Hotel & Motel:Covid_Net_Sentiment 7.179133e+00 2.961397e+00 2.42423853
c(Industry)REIT - Industrial:Covid_Net_Sentiment -8.193161e-01 4.299816e+00 -0.19054676
c(Industry)REIT - Mortgage:Covid_Net_Sentiment -5.990497e-01 1.519202e+00 -0.39431872
c(Industry)REIT - Office:Covid_Net_Sentiment 3.151599e+00 3.215594e+00 0.98009858
c(Industry)REIT - Residential:Covid_Net_Sentiment 2.626509e+00 3.517479e+00 0.74670208
c(Industry)REIT - Retail:Covid_Net_Sentiment -6.693447e-01 2.561207e+00 -0.26133949
c(Industry)REIT - Specialty:Covid_Net_Sentiment 5.785055e-01 2.251324e+00 0.25696228
c(Industry)Rental & Leasing Services:Covid_Net_Sentiment 1.195698e+00 2.612016e+00 0.45776814
c(Industry)Residential Construction:Covid_Net_Sentiment -6.838124e-02 1.849827e+00 -0.03696628
c(Industry)Resorts & Casinos:Covid_Net_Sentiment -5.544035e-01 2.795601e+00 -0.19831282
c(Industry)Restaurants:Covid_Net_Sentiment 2.634926e+00 1.716380e+00 1.53516442
c(Industry)Scientific & Technical Instruments:Covid_Net_Sentiment -1.491547e+00 2.178252e+00 -0.68474471
c(Industry)Security & Protection Services:Covid_Net_Sentiment -1.864921e+00 2.820330e+00 -0.66124231
c(Industry)Semiconductor Equipment & Materials:Covid_Net_Sentiment 2.510540e-01 2.147475e+00 0.11690661
c(Industry)Semiconductors:Covid_Net_Sentiment 3.533329e+00 1.797164e+00 1.96605831
c(Industry)Software - Application:Covid_Net_Sentiment -7.754237e-01 1.014226e+00 -0.76454727
c(Industry)Software - Infrastructure:Covid_Net_Sentiment 2.518029e+00 1.377653e+00 1.82776710
c(Industry)Solar:Covid_Net_Sentiment 5.802915e+00 8.157521e+00 0.71135759
c(Industry)Specialty Business Services:Covid_Net_Sentiment -4.338453e-01 2.113861e+00 -0.20523833
c(Industry)Specialty Chemicals:Covid_Net_Sentiment -1.034315e+00 1.407181e+00 -0.73502643
c(Industry)Specialty Industrial Machinery:Covid_Net_Sentiment 3.344724e-01 1.199139e+00 0.27892721
c(Industry)Specialty Retail:Covid_Net_Sentiment 3.590918e+00 1.847361e+00 1.94380954
c(Industry)Staffing & Employment Services:Covid_Net_Sentiment 6.826512e-01 2.033088e+00 0.33577054
c(Industry)Steel:Covid_Net_Sentiment 1.240737e+00 3.817840e+00 0.32498393
c(Industry)Telecom Services:Covid_Net_Sentiment 1.505992e+00 2.122410e+00 0.70956701
c(Industry)Textile Manufacturing:Covid_Net_Sentiment 5.392685e-02 2.442929e+00 0.02207467
c(Industry)Thermal Coal:Covid_Net_Sentiment -1.551365e-01 2.510779e+00 -0.06178818
c(Industry)Tobacco:Covid_Net_Sentiment -1.053172e+01 3.110770e+00 -3.38556628
c(Industry)Tools & Accessories:Covid_Net_Sentiment -8.623907e-01 2.514757e+00 -0.34293199
c(Industry)Travel Services:Covid_Net_Sentiment 1.716842e+00 4.184891e+00 0.41024769
c(Industry)Trucking:Covid_Net_Sentiment 4.927823e+00 9.204220e+00 0.53538736
c(Industry)Uranium:Covid_Net_Sentiment -9.987931e-01 5.526046e+00 -0.18074282
c(Industry)Utilities - Diversified:Covid_Net_Sentiment 8.297672e-02 2.754460e+00 0.03012450
c(Industry)Utilities - Independent Power Producers:Covid_Net_Sentiment 1.749812e+00 9.101639e+00 0.19225244
c(Industry)Utilities - Regulated Electric:Covid_Net_Sentiment 6.299472e-01 1.913048e+00 0.32928976
c(Industry)Utilities - Regulated Gas:Covid_Net_Sentiment 9.871520e-01 2.802960e+00 0.35218190
c(Industry)Utilities - Regulated Water:Covid_Net_Sentiment 1.237487e+00 3.499661e+00 0.35360208
c(Industry)Utilities - Renewable:Covid_Net_Sentiment -6.306352e-02 4.578887e+00 -0.01377267
c(Industry)Waste Management:Covid_Net_Sentiment -7.629053e-01 2.863808e+00 -0.26639541
c(Industry)Advertising Agencies:Sentiment -7.710020e-04 2.271966e-03 -0.33935447
c(Industry)Aerospace & Defense:Sentiment 1.298779e-03 1.518761e-03 0.85515672
c(Industry)Agricultural Inputs:Sentiment -1.889267e-04 4.306548e-03 -0.04386965
c(Industry)Airlines:Sentiment 2.360347e-03 3.246392e-03 0.72706777
c(Industry)Airports & Air Services:Sentiment -3.519839e-02 2.129878e-02 -1.65260117
c(Industry)Aluminum:Sentiment 1.150624e-03 5.395594e-03 0.21325249
c(Industry)Apparel Manufacturing:Sentiment 2.452007e-03 1.904042e-03 1.28779018
c(Industry)Apparel Retail:Sentiment 6.189396e-04 1.423400e-03 0.43483166
c(Industry)Asset Management:Sentiment 7.961629e-04 1.037384e-03 0.76747153
c(Industry)Auto & Truck Dealerships:Sentiment 3.607345e-03 2.331304e-03 1.54735047
c(Industry)Auto Manufacturers:Sentiment 1.173640e-02 5.401783e-03 2.17268998
c(Industry)Auto Parts:Sentiment 3.565355e-03 1.535529e-03 2.32190681
c(Industry)Banks - Diversified:Sentiment 3.780693e-03 3.340255e-03 1.13185767
c(Industry)Banks - Regional:Sentiment 1.980369e-04 8.553659e-04 0.23152307
c(Industry)Beverages - Brewers:Sentiment 4.978859e-03 6.651290e-03 0.74855545
c(Industry)Beverages - Non-Alcoholic:Sentiment -2.520584e-03 2.564398e-03 -0.98291464
c(Industry)Beverages - Wineries & Distilleries:Sentiment -1.720729e-02 2.657263e-02 -0.64755706
c(Industry)Biotechnology:Sentiment -1.091060e-04 9.770118e-04 -0.11167320
c(Industry)Broadcasting:Sentiment -1.414254e-03 2.680621e-03 -0.52758462
c(Industry)Building Materials:Sentiment -1.832170e-03 5.562511e-03 -0.32937830
c(Industry)Building Products & Equipment:Sentiment 1.138714e-03 1.810610e-03 0.62891181
c(Industry)Business Equipment & Supplies:Sentiment 9.412507e-03 5.855431e-03 1.60748316
c(Industry)Capital Markets:Sentiment 2.514115e-03 2.434278e-03 1.03279688
c(Industry)Chemicals:Sentiment 1.019981e-03 3.579561e-03 0.28494575
c(Industry)Coking Coal:Sentiment -2.050037e-03 4.347059e-03 -0.47159164
c(Industry)Communication Equipment:Sentiment 2.673268e-03 1.606942e-03 1.66357504
c(Industry)Computer Hardware:Sentiment -2.011878e-04 2.176079e-03 -0.09245429
c(Industry)Confectioners:Sentiment 9.020653e-04 6.981504e-03 0.12920788
c(Industry)Conglomerates:Sentiment 3.143446e-03 2.683872e-03 1.17123562
c(Industry)Consulting Services:Sentiment 2.688108e-03 2.258791e-03 1.19006480
c(Industry)Consumer Electronics:Sentiment 9.116644e-03 3.835006e-03 2.37721790
c(Industry)Copper:Sentiment -4.502586e-03 5.498542e-03 -0.81886922
c(Industry)Credit Services:Sentiment -1.763450e-03 1.689625e-03 -1.04369307
c(Industry)Department Stores:Sentiment 1.118152e-02 4.894950e-03 2.28429643
c(Industry)Diagnostics & Research:Sentiment -4.291788e-04 1.357203e-03 -0.31622310
c(Industry)Discount Stores:Sentiment 1.720854e-03 3.059063e-03 0.56254279
c(Industry)Drug Manufacturers - General:Sentiment 5.686575e-04 2.919663e-03 0.19476820
c(Industry)Drug Manufacturers - Specialty & Generic:Sentiment 1.253195e-03 1.616926e-03 0.77504794
c(Industry)Education & Training Services:Sentiment 2.024067e-03 2.641751e-03 0.76618382
c(Industry)Electrical Equipment & Parts:Sentiment 3.845823e-03 2.665410e-03 1.44286316
c(Industry)Electronic Components:Sentiment 3.990620e-03 1.576970e-03 2.53056172
c(Industry)Electronic Gaming & Multimedia:Sentiment -7.376440e-03 9.817591e-03 -0.75134935
c(Industry)Electronics & Computer Distribution:Sentiment 2.127609e-03 4.690553e-03 0.45359449
c(Industry)Engineering & Construction:Sentiment 4.212521e-03 1.742126e-03 2.41803506
c(Industry)Entertainment:Sentiment 1.591480e-03 2.291647e-03 0.69447006
c(Industry)Farm & Heavy Construction Machinery:Sentiment 2.176030e-03 1.923688e-03 1.13117639
[ reached getOption("max.print") -- omitted 97 rows ]
saveRDS(PercentChange_SharePrices_HierchicalIndustryCompany, file="../data/MixedEffects_HierarchicalModel.RDS")
summary(PercentChange_SharePrices_HierchicalIndustryCompany)$coefficientsp[,4] NULLtidy(PercentChange_SharePrices_HierchicalIndustryCompany, conf.int=TRUE)FixedEffects_IndustryCoefficients <- tidy(PercentChange_SharePrices_HierchicalIndustryCompany, conf.int=TRUE) |>
filter(effect=="fixed")
FixedEffects_IndustryCoefficientsStatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment <- FixedEffects_IndustryCoefficients |>
filter(conf.high < 0 | conf.low > 0)
StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentimenttidy(PercentChange_SharePrices_HierchicalIndustryCompany, conf.int=TRUE) |>
filter(effect=="fixed") |>
ggplot(aes(x=reorder(term, estimate), y=estimate)) +
geom_point() +
geom_errorbar(aes(ymin=conf.low, ymax=conf.high, width=0.05)) +
labs(x="Industries") +
labs(y="% Change in Share Price as A Function of Net COVID Sentiment") +
coord_flip() 
Closing_Share_Price_Across_Time_DropNA <- Closing_Share_Price_Across_Time |> drop_na(`Percent_Change_bt_DayBefore_y_DayAfter`, `Industry`, `Day_of_EarningsCall`, `company_name`, `Covid_Net_Sentiment`)
Closing_Share_Price_Across_Time_DropNAtibble(resid=resid(PercentChange_SharePrices_HierchicalIndustryCompany), date=Closing_Share_Price_Across_Time_DropNA$Day_of_EarningsCall) |>
filter(date > "2019-01-01") |>
ggplot(aes(x=date, y=resid)) +
geom_point(alpha=0.2) +
geom_smooth() +
ylim(-25, 25)
# stat_poly_eq(use_label(c("eq", "adj.R2", "f", "p", "n")), vstep=22, size=3.8) cIndustry_Removal = function(lab) {
str_remove(lab, "c\\(Industry\\)")
}
DayOfEarningsCall_Removal = function(lab) {
str_remove(lab, "Day_of_EarningsCall")
}
StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment <- StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment |> mutate(term = cIndustry_Removal(term)) |> mutate(term = DayOfEarningsCall_Removal(term))
StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment
BarGraph_StatSig_Industries <- ggplot(data=StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment, aes(x=reorder(term, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Industries") +
labs(y="% Change in Stock Price as A Function of Net COVID Sentiment") +
labs(title="Notable Industries Whose Share Prices Outperformed", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
BarGraph_StatSig_Industries
StatSig_IndustryNetCOVIDSentimentInteraction <- StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment |> filter(str_detect(term, ":Covid_Net_Sentiment"))
StatSig_IndustryNetCOVIDSentimentInteractionStatSig_Industries <- StatSig_Industries_Time_y_InteractionTermIndustryNetCOVIDSentiment |> filter(!str_detect(term, ":Covid_Net_Sentiment"))
StatSig_Industries
InteractionTermLabel_Removal = function(lab) {
str_remove(lab, ":Covid_Net_Sentiment")
}
StatSig_IndustryNetCOVIDSentimentInteraction_TrimmedLabels <- StatSig_IndustryNetCOVIDSentimentInteraction |> mutate(term = InteractionTermLabel_Removal(term))
BarGraph_StatSig_IndustryNetCOVIDSentimentInteraction_TrimmedLabels <- ggplot(data=StatSig_IndustryNetCOVIDSentimentInteraction_TrimmedLabels, aes(x=reorder(term, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Industries") +
labs(y="% Change in Stock Price as A Function of Net COVID Sentiment") +
labs(title="Industries Whose Stock Price Changes Disproportionally Correlate with Net COVID Sentiment", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
BarGraph_StatSig_IndustryNetCOVIDSentimentInteraction_TrimmedLabels
NA
NA
BarGraph_StatSig_Industries <- ggplot(data=StatSig_Industries, aes(x=reorder(term, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Industries") +
labs(y="% Change in Stock Price as A Function of Net COVID Sentiment") +
labs(title="Industries Whose Stock Price Changes Statistically Significantly Correlate with Net COVID Sentiment", subtitle="Mixed-Effect Linear Regression Analysis of How Changes in Stock Price Correlate with Net COVID-Related Sentiment")
BarGraph_StatSig_Industries
NA
NAtidy(PercentChange_SharePrices_HierchicalIndustryCompany, effects="ran_vals", conf.int=TRUE) Random_Effect_Coeff_Desc <- tidy(PercentChange_SharePrices_HierchicalIndustryCompany, effects="ran_vals", conf.int=TRUE) |> arrange(desc(estimate))
Random_Effect_Coeff_Desc Company_Industry <- Closing_Share_Price_Across_Time |>
select(company_name, Industry) |>
unique()
Company_Industry Firm_Industry_Random_Effect_Coeff_Desc <- Random_Effect_Coeff_Desc |>
inner_join(Company_Industry, by=join_by(level==company_name))
Firm_Industry_Random_Effect_Coeff_DescLet’s look at stock performance of firms within industries whose share price changes were less impacted by Net COVID Sentiment.
Grocery_Stores <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Grocery Stores"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Grocery Stores with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Grocery_Stores
Auto_n_Truck_Dealerships <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Auto & Truck Dealerships"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Auto/Truck Dealership Firms with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Auto_n_Truck_Dealerships
Industrial_Distribution <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Industrial Distribution"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Industrial Distribution Firms with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Industrial_Distribution
Then, let’s look at stock performance of firms within industries whose share price changes were more impacted by Net COVID Sentiment.
Discount_Stores <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Discount Stores"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Discount Stores with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Discount_Stores
Consumer_Electronics <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Consumer Electronics"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Consumer Electronics Firms with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Consumer_Electronics 
Integrated_Freight_n_Logistics <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Integrated Freight & Logistics"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Integrated Freight & Logistics Firms with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Integrated_Freight_n_Logistics
Next, let’s look into notable industries whose share prices outperformed those in other industries:
Electronic_Gaming_n_Multimedia <- ggplot(data=Firm_Industry_Random_Effect_Coeff_Desc |> filter(Industry=="Electronic Gaming & Multimedia"), aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industry Average") +
labs(title="Changes in Stock Prices of Electronic Gaming & Multimedia Firms with Respect to Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
Electronic_Gaming_n_Multimedia
TopFirms <- Random_Effect_Coeff_Desc |>
filter(conf.low > 0)
TopFirmsBottomFirms <- Random_Effect_Coeff_Desc |>
filter(conf.high < 0)
BottomFirms StatSig_Firms <- Random_Effect_Coeff_Desc |>
filter(conf.high < 0 | conf.low > 0)
StatSig_Firms Top20Firms <- Random_Effect_Coeff_Desc |> head(20)
Top20FirmsAdd a boolean statistical significance column:
Firm_Industry_Random_Effect_Coeff_Desc_StatSig <- Random_Effect_Coeff_Desc |>
inner_join(Company_Industry, by=join_by(level==company_name)) |>
select(level, estimate, conf.low, conf.high, Industry) |>
filter(conf.high < 0 | conf.low > 0) |>
mutate(`Statistically Significant?`="Yes")
Firm_Industry_Random_Effect_Coeff_Desc_StatSig
Firm_Industry_Random_Effect_Coeff_Desc_StatInsig <- Random_Effect_Coeff_Desc |>
inner_join(Company_Industry, by=join_by(level==company_name)) |>
select(level, estimate, conf.low, conf.high, Industry) |>
filter(conf.high > 0 & conf.low < 0) |>
mutate(`Statistically Significant?`="No")
Firm_Industry_Random_Effect_Coeff_Desc_StatInsigPiecing the firms whose stats are statistically significant back together with those whose stats aren’t:
Firm_Industry_Random_Effect_Coeff_Desc_StatSig_y_StatInsig <- bind_rows(Firm_Industry_Random_Effect_Coeff_Desc_StatSig, Firm_Industry_Random_Effect_Coeff_Desc_StatInsig)
Firm_Industry_Random_Effect_Coeff_Desc_StatSig_y_StatInsigBarGraph_AllFirms <- ggplot(data=Random_Effect_Coeff_Desc, aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="% of Additional Correlative Change in Stock Price from Industry Average") +
labs(title="Stellar Companies Whose Share Prices Outperformed Those in Their Respective Industries", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
BarGraph_AllFirms 
BarGraph_StatSig_Firms <- ggplot(data=StatSig_Firms, aes(x=reorder(level, estimate), y=estimate)) +
geom_bar(stat="identity", fill="steelblue") +
coord_flip() +
theme_minimal() +
labs(x="Companies") +
labs(y="Additional % of Correlative Change in Stock Price from Industrial Average") +
labs(title="Notable Companies Whose Correlational Performance Exceeded Their Respective Industry", subtitle="Mixed-Effect Linear Regression Analysis of How Percentage Change in Share Price Correlates with Net COVID-Related Sentiment")
BarGraph_StatSig_Firms
select_company=c("Carmax Inc")
Closing_Share_Price_Across_Time_DropNA_highlight <- Closing_Share_Price_Across_Time_DropNA |>
mutate(highlight=case_when(company_name %in% select_company ~ TRUE,
.default=FALSE))
Closing_Share_Price_Across_Time_DropNA_highlight |>
filter(Industry==Industry[(Closing_Share_Price_Across_Time_DropNA_highlight$company_name=="Lovesac Co")]) |>
ggplot(aes(x=Day_of_EarningsCall, y=Percent_Change_bt_DayBefore_y_DayAfter)) +
geom_point(aes(size=Covid_Net_Sentiment, color=highlight), alpha=0.7, show.legend=FALSE) +
geom_smooth(method=lm, formula=y ~ x) +
scale_color_manual(values=c("orange", "black")) +
# scale_size_manual(values=c(1, 3)) +
# geom_label_repel(data=Closing_Share_Price_Across_Time_DropNA_highlight |> filter(highlight==TRUE), aes(label=company_name)) +
stat_poly_eq(use_label(c("eq", "adj.R2", "f", "p", "n")), vstep=22, size=3.8) Warning: There was 1 warning in `filter()`.
ℹ In argument: `==...`.
Caused by warning in `Industry == Industry[(Closing_Share_Price_Across_Time_DropNA_highlight$company_name == "Lovesac Co")]`:
! longer object length is not a multiple of shorter object length
# vcov(PercentChange_SharePrices_HierchicalIndustryCompany)
PercentChange_SharePrices_HierchicalIndustryCompany <- lmer(Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Neg_Sentiment + c(Industry) + Covid_Neg_Sentiment:c(Industry) + (1 | company_name), data=Closing_Share_Price_Across_Time) Warning: Some predictor variables are on very different scales: consider rescalingsummary(PercentChange_SharePrices_HierchicalIndustryCompany) Linear mixed model fit by REML ['lmerMod']
Formula: Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Neg_Sentiment + c(Industry) + Covid_Neg_Sentiment:c(Industry) + (1 | company_name)
Data: Closing_Share_Price_Across_Time
REML criterion at convergence: 96018.3
Scaled residuals:
Min 1Q Median 3Q Max
-9.8971 -0.4597 -0.0303 0.4275 24.4406
Random effects:
Groups Name Variance Std.Dev.
company_name (Intercept) 2.6 1.612
Residual 101.3 10.064
Number of obs: 12997, groups: company_name, 2586
Fixed effects:
Estimate Std. Error t value
(Intercept) 1.582e+01 6.824e+00 2.318
Day_of_EarningsCall -9.126e-04 3.533e-04 -2.583
Covid_Neg_Sentiment 7.538e-01 2.268e+00 0.332
c(Industry)Aerospace & Defense 6.136e-01 2.000e+00 0.307
c(Industry)Agricultural Inputs 3.654e+00 3.113e+00 1.174
c(Industry)Airlines 2.111e+00 2.475e+00 0.853
c(Industry)Airports & Air Services -2.903e+00 7.596e+00 -0.382
c(Industry)Aluminum -9.042e-01 4.392e+00 -0.206
c(Industry)Apparel Manufacturing 2.804e+00 2.210e+00 1.268
c(Industry)Apparel Retail 1.575e+00 2.091e+00 0.753
c(Industry)Asset Management 3.218e+00 1.837e+00 1.752
c(Industry)Auto & Truck Dealerships 1.998e+00 2.283e+00 0.875
c(Industry)Auto Manufacturers -1.047e+00 3.673e+00 -0.285
c(Industry)Auto Parts 3.104e+00 1.945e+00 1.596
c(Industry)Banks - Diversified 7.179e-02 3.699e+00 0.019
c(Industry)Banks - Regional 2.674e+00 1.757e+00 1.522
c(Industry)Beverages - Brewers 3.789e+00 4.203e+00 0.902
c(Industry)Beverages - Non-Alcoholic -5.396e-01 2.814e+00 -0.192
c(Industry)Beverages - Wineries & Distilleries 1.770e-01 6.149e+00 0.029
c(Industry)Biotechnology 1.481e+00 1.728e+00 0.857
c(Industry)Broadcasting 6.237e+00 2.337e+00 2.669
c(Industry)Building Materials 2.931e+00 3.468e+00 0.845
c(Industry)Building Products & Equipment 1.343e+00 2.072e+00 0.648
c(Industry)Business Equipment & Supplies -3.987e+00 6.122e+00 -0.651
c(Industry)Capital Markets 2.582e+00 2.556e+00 1.010
c(Industry)Chemicals 3.893e+00 2.575e+00 1.512
c(Industry)Coking Coal 4.339e+00 3.351e+00 1.295
c(Industry)Communication Equipment 7.833e-01 1.961e+00 0.400
c(Industry)Computer Hardware 1.582e+00 2.183e+00 0.725
c(Industry)Confectioners 1.163e+00 5.461e+00 0.213
c(Industry)Conglomerates 2.993e-01 2.418e+00 0.124
c(Industry)Consulting Services 4.073e+00 2.582e+00 1.578
c(Industry)Consumer Electronics 2.080e+00 3.300e+00 0.630
c(Industry)Copper 3.420e-02 5.287e+00 0.006
c(Industry)Credit Services 5.136e+00 2.152e+00 2.387
c(Industry)Department Stores 2.179e+00 3.528e+00 0.618
c(Industry)Diagnostics & Research 1.122e+00 1.915e+00 0.586
c(Industry)Discount Stores 5.400e+00 2.496e+00 2.164
c(Industry)Drug Manufacturers - General 6.130e-01 2.515e+00 0.244
c(Industry)Drug Manufacturers - Specialty & Generic 1.471e-01 1.933e+00 0.076
c(Industry)Education & Training Services 2.680e+00 2.373e+00 1.129
c(Industry)Electrical Equipment & Parts -4.690e-01 2.286e+00 -0.205
c(Industry)Electronic Components 2.755e+00 2.046e+00 1.346
c(Industry)Electronic Gaming & Multimedia 8.936e+00 5.246e+00 1.703
c(Industry)Electronics & Computer Distribution 4.334e+00 2.986e+00 1.451
c(Industry)Engineering & Construction 1.445e+00 2.041e+00 0.708
c(Industry)Entertainment 1.684e+00 2.082e+00 0.809
c(Industry)Farm & Heavy Construction Machinery 1.646e+00 2.216e+00 0.743
c(Industry)Farm Products -2.514e+00 2.625e+00 -0.958
c(Industry)Financial Conglomerates 4.017e+00 4.937e+00 0.814
c(Industry)Financial Data & Stock Exchanges -2.402e-01 2.617e+00 -0.092
c(Industry)Food Distribution -9.677e-02 2.773e+00 -0.035
c(Industry)Footwear & Accessories -1.710e+00 2.534e+00 -0.675
c(Industry)Furnishings, Fixtures & Appliances -4.855e-01 2.233e+00 -0.217
c(Industry)Gambling 5.578e+00 2.979e+00 1.872
c(Industry)Gold 3.723e+00 3.506e+00 1.062
c(Industry)Grocery Stores -2.607e+00 3.173e+00 -0.822
c(Industry)Health Information Services -9.118e-01 2.058e+00 -0.443
c(Industry)Healthcare Plans 1.366e+00 2.993e+00 0.456
c(Industry)Home Improvement Retail 2.644e+00 2.957e+00 0.894
c(Industry)Household & Personal Products 2.613e+00 2.291e+00 1.141
c(Industry)Industrial Distribution 1.099e+00 2.267e+00 0.485
c(Industry)Information Technology Services 2.690e+00 1.997e+00 1.347
c(Industry)Infrastructure Operations 2.222e+00 9.917e+00 0.224
c(Industry)Insurance - Diversified 5.058e+00 3.618e+00 1.398
c(Industry)Insurance - Life 1.094e+00 2.699e+00 0.405
c(Industry)Insurance - Property & Casualty 1.976e+00 2.039e+00 0.969
c(Industry)Insurance - Reinsurance -1.197e+01 1.372e+01 -0.872
c(Industry)Insurance - Specialty 8.787e-01 2.508e+00 0.350
c(Industry)Insurance Brokers -4.203e+00 2.770e+00 -1.517
c(Industry)Integrated Freight & Logistics 3.591e+00 2.361e+00 1.521
c(Industry)Internet Content & Information 3.316e+00 2.235e+00 1.484
c(Industry)Internet Retail 1.259e+00 2.471e+00 0.509
c(Industry)Leisure 2.797e+00 2.474e+00 1.131
c(Industry)Lodging 9.788e-02 2.994e+00 0.033
c(Industry)Lumber & Wood Production 5.035e+00 4.235e+00 1.189
c(Industry)Luxury Goods 3.422e+00 3.868e+00 0.885
c(Industry)Marine Shipping 1.200e+00 3.632e+00 0.330
c(Industry)Medical Care Facilities 1.825e+00 2.014e+00 0.906
c(Industry)Medical Devices 1.220e+00 1.773e+00 0.688
c(Industry)Medical Distribution 2.992e-01 2.736e+00 0.109
c(Industry)Medical Instruments & Supplies 1.815e+00 1.959e+00 0.927
c(Industry)Metal Fabrication 6.031e-01 2.582e+00 0.234
c(Industry)Mortgage Finance 2.044e+00 3.056e+00 0.669
c(Industry)Oil & Gas Drilling 2.298e+00 5.491e+00 0.419
c(Industry)Oil & Gas E&P 2.740e+00 2.184e+00 1.255
c(Industry)Oil & Gas Equipment & Services 6.165e-01 1.980e+00 0.311
c(Industry)Oil & Gas Integrated 2.183e+00 3.868e+00 0.564
c(Industry)Oil & Gas Midstream 1.519e+00 2.289e+00 0.664
c(Industry)Oil & Gas Refining & Marketing 2.129e+00 2.484e+00 0.857
c(Industry)Other Industrial Metals & Mining -3.381e+00 5.310e+00 -0.637
c(Industry)Other Precious Metals & Mining 6.626e+00 5.928e+00 1.118
c(Industry)Packaged Foods 1.916e+00 1.948e+00 0.983
c(Industry)Packaging & Containers 2.425e+00 2.243e+00 1.081
c(Industry)Paper & Paper Products -6.925e+00 1.264e+01 -0.548
c(Industry)Personal Services 4.112e-01 2.772e+00 0.148
c(Industry)Pharmaceutical Retailers -2.485e+00 4.699e+00 -0.529
c(Industry)Pollution & Treatment Controls 2.428e+00 3.292e+00 0.738
c(Industry)Publishing 2.578e+00 3.079e+00 0.837
c(Industry)Railroads 2.996e+00 2.820e+00 1.062
c(Industry)Real Estate - Development 3.293e+00 4.986e+00 0.661
c(Industry)Real Estate - Diversified 6.249e-01 7.328e+00 0.085
c(Industry)Real Estate Services 3.248e+00 2.271e+00 1.430
c(Industry)Recreational Vehicles -7.007e-01 2.761e+00 -0.254
c(Industry)REIT - Diversified 4.444e-01 2.617e+00 0.170
c(Industry)REIT - Healthcare Facilities 6.701e-01 2.716e+00 0.247
c(Industry)REIT - Hotel & Motel 2.689e+00 2.275e+00 1.182
c(Industry)REIT - Industrial 4.003e-01 2.619e+00 0.153
c(Industry)REIT - Mortgage 1.245e+00 1.959e+00 0.636
c(Industry)REIT - Office 1.836e+00 2.351e+00 0.781
c(Industry)REIT - Residential 1.532e+00 2.395e+00 0.639
c(Industry)REIT - Retail 2.244e+00 2.246e+00 0.999
c(Industry)REIT - Specialty 1.467e+00 2.299e+00 0.638
c(Industry)Rental & Leasing Services 1.652e+00 2.378e+00 0.695
c(Industry)Residential Construction 2.885e+00 2.256e+00 1.278
c(Industry)Resorts & Casinos 1.989e+00 2.365e+00 0.841
c(Industry)Restaurants 3.739e+00 2.008e+00 1.862
c(Industry)Scientific & Technical Instruments 6.605e-01 2.172e+00 0.304
c(Industry)Security & Protection Services -2.729e+00 2.641e+00 -1.033
c(Industry)Semiconductor Equipment & Materials 1.038e+00 2.104e+00 0.493
c(Industry)Semiconductors 5.372e+00 1.975e+00 2.720
c(Industry)Software - Application 3.775e-01 1.743e+00 0.217
c(Industry)Software - Infrastructure 1.649e+00 1.814e+00 0.909
c(Industry)Solar -2.664e-01 3.688e+00 -0.072
c(Industry)Specialty Business Services 8.051e-01 2.239e+00 0.360
c(Industry)Specialty Chemicals 9.106e-01 1.948e+00 0.468
c(Industry)Specialty Industrial Machinery 1.361e+00 1.877e+00 0.725
c(Industry)Specialty Retail 3.002e+00 2.007e+00 1.496
c(Industry)Staffing & Employment Services 4.054e+00 2.347e+00 1.727
c(Industry)Steel 3.263e+00 2.712e+00 1.203
c(Industry)Telecom Services 1.887e+00 2.194e+00 0.860
c(Industry)Textile Manufacturing 5.109e-02 3.172e+00 0.016
c(Industry)Thermal Coal 1.983e+00 3.067e+00 0.646
c(Industry)Tobacco 3.208e+00 2.888e+00 1.111
c(Industry)Tools & Accessories 3.697e-02 2.515e+00 0.015
c(Industry)Travel Services 2.335e+00 2.561e+00 0.912
c(Industry)Trucking 4.941e+00 3.220e+00 1.534
c(Industry)Uranium -8.994e+00 6.809e+00 -1.321
c(Industry)Utilities - Diversified 2.256e+00 3.174e+00 0.711
c(Industry)Utilities - Independent Power Producers 4.969e+00 5.737e+00 0.866
c(Industry)Utilities - Regulated Electric 1.242e+00 2.032e+00 0.611
c(Industry)Utilities - Regulated Gas 2.855e+00 2.799e+00 1.020
c(Industry)Utilities - Regulated Water 2.718e+00 3.451e+00 0.788
c(Industry)Utilities - Renewable 4.071e+00 5.657e+00 0.720
c(Industry)Waste Management 1.092e+00 2.763e+00 0.395
Covid_Neg_Sentiment:c(Industry)Aerospace & Defense -6.456e-01 2.691e+00 -0.240
Covid_Neg_Sentiment:c(Industry)Agricultural Inputs -5.187e+00 5.578e+00 -0.930
Covid_Neg_Sentiment:c(Industry)Airlines -5.464e+00 4.789e+00 -1.141
Covid_Neg_Sentiment:c(Industry)Airports & Air Services -2.216e+00 7.932e+00 -0.279
Covid_Neg_Sentiment:c(Industry)Aluminum -1.175e+00 4.409e+00 -0.267
Covid_Neg_Sentiment:c(Industry)Apparel Manufacturing -2.759e+00 2.757e+00 -1.000
Covid_Neg_Sentiment:c(Industry)Apparel Retail 3.199e+00 3.003e+00 1.065
Covid_Neg_Sentiment:c(Industry)Asset Management -1.936e+00 2.545e+00 -0.761
Covid_Neg_Sentiment:c(Industry)Auto & Truck Dealerships 2.368e+00 3.413e+00 0.694
Covid_Neg_Sentiment:c(Industry)Auto Manufacturers 1.888e+00 8.581e+00 0.220
Covid_Neg_Sentiment:c(Industry)Auto Parts -1.138e+00 2.383e+00 -0.477
Covid_Neg_Sentiment:c(Industry)Banks - Diversified -5.509e+00 1.075e+01 -0.513
Covid_Neg_Sentiment:c(Industry)Banks - Regional -1.341e+00 2.492e+00 -0.538
Covid_Neg_Sentiment:c(Industry)Beverages - Brewers -4.700e+00 5.622e+00 -0.836
Covid_Neg_Sentiment:c(Industry)Beverages - Non-Alcoholic -1.516e+00 3.187e+00 -0.476
Covid_Neg_Sentiment:c(Industry)Beverages - Wineries & Distilleries -7.611e+00 1.204e+01 -0.632
Covid_Neg_Sentiment:c(Industry)Biotechnology -2.159e+00 2.354e+00 -0.917
Covid_Neg_Sentiment:c(Industry)Broadcasting -6.380e+00 3.180e+00 -2.006
Covid_Neg_Sentiment:c(Industry)Building Materials -3.581e+00 6.482e+00 -0.552
Covid_Neg_Sentiment:c(Industry)Building Products & Equipment 8.653e-01 2.965e+00 0.292
Covid_Neg_Sentiment:c(Industry)Business Equipment & Supplies 1.597e+00 8.107e+00 0.197
Covid_Neg_Sentiment:c(Industry)Capital Markets -5.293e+00 4.901e+00 -1.080
Covid_Neg_Sentiment:c(Industry)Chemicals -2.758e+00 2.717e+00 -1.015
Covid_Neg_Sentiment:c(Industry)Coking Coal -5.647e+00 4.785e+00 -1.180
Covid_Neg_Sentiment:c(Industry)Communication Equipment -9.588e-01 2.637e+00 -0.364
Covid_Neg_Sentiment:c(Industry)Computer Hardware 1.266e+00 2.822e+00 0.449
Covid_Neg_Sentiment:c(Industry)Confectioners 3.366e-01 6.176e+00 0.055
Covid_Neg_Sentiment:c(Industry)Conglomerates 1.312e+00 3.258e+00 0.403
Covid_Neg_Sentiment:c(Industry)Consulting Services -3.855e+00 3.439e+00 -1.121
Covid_Neg_Sentiment:c(Industry)Consumer Electronics -5.748e+00 4.722e+00 -1.217
Covid_Neg_Sentiment:c(Industry)Copper 1.269e-01 8.633e+00 0.015
Covid_Neg_Sentiment:c(Industry)Credit Services -3.721e-01 3.058e+00 -0.122
Covid_Neg_Sentiment:c(Industry)Department Stores -9.866e+00 7.117e+00 -1.386
Covid_Neg_Sentiment:c(Industry)Diagnostics & Research -7.275e-01 2.484e+00 -0.293
Covid_Neg_Sentiment:c(Industry)Discount Stores -2.277e+01 4.789e+00 -4.756
Covid_Neg_Sentiment:c(Industry)Drug Manufacturers - General -4.141e-01 2.844e+00 -0.146
Covid_Neg_Sentiment:c(Industry)Drug Manufacturers - Specialty & Generic -6.055e-01 2.464e+00 -0.246
Covid_Neg_Sentiment:c(Industry)Education & Training Services -5.733e-01 3.185e+00 -0.180
Covid_Neg_Sentiment:c(Industry)Electrical Equipment & Parts -2.149e+00 2.863e+00 -0.751
Covid_Neg_Sentiment:c(Industry)Electronic Components -1.550e+00 2.520e+00 -0.615
Covid_Neg_Sentiment:c(Industry)Electronic Gaming & Multimedia -1.563e+01 2.456e+01 -0.636
Covid_Neg_Sentiment:c(Industry)Electronics & Computer Distribution -3.183e+00 3.846e+00 -0.828
Covid_Neg_Sentiment:c(Industry)Engineering & Construction -1.006e-01 2.712e+00 -0.037
Covid_Neg_Sentiment:c(Industry)Entertainment -4.229e-01 2.526e+00 -0.167
Covid_Neg_Sentiment:c(Industry)Farm & Heavy Construction Machinery -7.370e-01 2.804e+00 -0.263
Covid_Neg_Sentiment:c(Industry)Farm Products 1.277e+00 3.347e+00 0.382
Covid_Neg_Sentiment:c(Industry)Financial Conglomerates -2.809e+00 6.961e+00 -0.404
Covid_Neg_Sentiment:c(Industry)Financial Data & Stock Exchanges 2.269e+00 5.454e+00 0.416
Covid_Neg_Sentiment:c(Industry)Food Distribution 1.211e+00 4.427e+00 0.274
Covid_Neg_Sentiment:c(Industry)Footwear & Accessories 5.199e+00 3.601e+00 1.444
Covid_Neg_Sentiment:c(Industry)Furnishings, Fixtures & Appliances 1.432e+00 2.828e+00 0.506
Covid_Neg_Sentiment:c(Industry)Gambling -4.288e+00 5.290e+00 -0.811
Covid_Neg_Sentiment:c(Industry)Gold -5.663e+00 5.965e+00 -0.949
Covid_Neg_Sentiment:c(Industry)Grocery Stores 1.344e+01 5.738e+00 2.342
Covid_Neg_Sentiment:c(Industry)Health Information Services 7.827e-01 2.832e+00 0.276
Covid_Neg_Sentiment:c(Industry)Healthcare Plans -1.114e+00 3.640e+00 -0.306
Covid_Neg_Sentiment:c(Industry)Home Improvement Retail -2.745e+00 3.383e+00 -0.811
Covid_Neg_Sentiment:c(Industry)Household & Personal Products -6.456e-01 2.967e+00 -0.218
Covid_Neg_Sentiment:c(Industry)Industrial Distribution 3.192e+00 3.112e+00 1.026
Covid_Neg_Sentiment:c(Industry)Information Technology Services -9.011e-02 2.785e+00 -0.032
Covid_Neg_Sentiment:c(Industry)Infrastructure Operations -5.374e-01 1.026e+01 -0.052
Covid_Neg_Sentiment:c(Industry)Insurance - Diversified -3.292e+00 3.683e+00 -0.894
Covid_Neg_Sentiment:c(Industry)Insurance - Life -1.096e+00 2.635e+00 -0.416
Covid_Neg_Sentiment:c(Industry)Insurance - Property & Casualty -1.273e+00 2.412e+00 -0.528
Covid_Neg_Sentiment:c(Industry)Insurance - Reinsurance 3.967e+00 4.627e+00 0.857
Covid_Neg_Sentiment:c(Industry)Insurance - Specialty -2.560e+00 2.716e+00 -0.943
Covid_Neg_Sentiment:c(Industry)Insurance Brokers 1.860e+00 3.233e+00 0.575
Covid_Neg_Sentiment:c(Industry)Integrated Freight & Logistics -6.790e+00 3.594e+00 -1.889
Covid_Neg_Sentiment:c(Industry)Internet Content & Information 2.066e+00 3.602e+00 0.573
Covid_Neg_Sentiment:c(Industry)Internet Retail 1.346e+00 3.141e+00 0.429
Covid_Neg_Sentiment:c(Industry)Leisure -1.540e+00 3.523e+00 -0.437
Covid_Neg_Sentiment:c(Industry)Lodging 6.587e+00 4.691e+00 1.404
Covid_Neg_Sentiment:c(Industry)Lumber & Wood Production -5.080e+00 6.479e+00 -0.784
Covid_Neg_Sentiment:c(Industry)Luxury Goods -1.124e+01 6.795e+00 -1.654
Covid_Neg_Sentiment:c(Industry)Marine Shipping 1.455e-01 3.733e+00 0.039
Covid_Neg_Sentiment:c(Industry)Medical Care Facilities -6.345e-01 2.457e+00 -0.258
Covid_Neg_Sentiment:c(Industry)Medical Devices -1.730e+00 2.350e+00 -0.736
Covid_Neg_Sentiment:c(Industry)Medical Distribution -4.442e-01 3.569e+00 -0.124
Covid_Neg_Sentiment:c(Industry)Medical Instruments & Supplies -1.597e+00 2.503e+00 -0.638
Covid_Neg_Sentiment:c(Industry)Metal Fabrication -1.495e+00 2.962e+00 -0.505
Covid_Neg_Sentiment:c(Industry)Mortgage Finance -6.566e-01 3.322e+00 -0.198
Covid_Neg_Sentiment:c(Industry)Oil & Gas Drilling -1.016e+00 5.300e+00 -0.192
Covid_Neg_Sentiment:c(Industry)Oil & Gas E&P -2.473e+00 3.507e+00 -0.705
Covid_Neg_Sentiment:c(Industry)Oil & Gas Equipment & Services -7.920e-01 2.531e+00 -0.313
Covid_Neg_Sentiment:c(Industry)Oil & Gas Integrated -5.081e+00 7.450e+00 -0.682
Covid_Neg_Sentiment:c(Industry)Oil & Gas Midstream -7.106e-01 3.295e+00 -0.216
Covid_Neg_Sentiment:c(Industry)Oil & Gas Refining & Marketing -1.555e-01 3.348e+00 -0.046
Covid_Neg_Sentiment:c(Industry)Other Industrial Metals & Mining 5.829e+00 7.142e+00 0.816
Covid_Neg_Sentiment:c(Industry)Other Precious Metals & Mining -6.055e+00 1.264e+01 -0.479
Covid_Neg_Sentiment:c(Industry)Packaged Foods -2.989e+00 2.649e+00 -1.128
Covid_Neg_Sentiment:c(Industry)Packaging & Containers -2.087e+00 3.637e+00 -0.574
Covid_Neg_Sentiment:c(Industry)Paper & Paper Products -1.129e+00 1.990e+01 -0.057
Covid_Neg_Sentiment:c(Industry)Personal Services 1.586e+00 3.409e+00 0.465
Covid_Neg_Sentiment:c(Industry)Pharmaceutical Retailers 1.488e+00 4.079e+00 0.365
Covid_Neg_Sentiment:c(Industry)Pollution & Treatment Controls -1.327e+00 4.418e+00 -0.300
Covid_Neg_Sentiment:c(Industry)Publishing -1.599e+00 2.860e+00 -0.559
Covid_Neg_Sentiment:c(Industry)Railroads -3.177e+00 4.555e+00 -0.697
Covid_Neg_Sentiment:c(Industry)Real Estate - Development 9.475e-01 7.216e+00 0.131
Covid_Neg_Sentiment:c(Industry)Real Estate - Diversified 1.293e+00 1.106e+01 0.117
Covid_Neg_Sentiment:c(Industry)Real Estate Services -4.858e-01 3.355e+00 -0.145
Covid_Neg_Sentiment:c(Industry)Recreational Vehicles 3.513e+00 3.740e+00 0.939
Covid_Neg_Sentiment:c(Industry)REIT - Diversified -9.493e-01 4.669e+00 -0.203
Covid_Neg_Sentiment:c(Industry)REIT - Healthcare Facilities 1.259e+00 3.591e+00 0.351
Covid_Neg_Sentiment:c(Industry)REIT - Hotel & Motel -6.169e+00 4.037e+00 -1.528
Covid_Neg_Sentiment:c(Industry)REIT - Industrial 1.680e+00 4.881e+00 0.344
Covid_Neg_Sentiment:c(Industry)REIT - Mortgage -7.786e-01 2.659e+00 -0.293
Covid_Neg_Sentiment:c(Industry)REIT - Office -3.009e+00 3.659e+00 -0.822
Covid_Neg_Sentiment:c(Industry)REIT - Residential 1.220e+00 4.517e+00 0.270
Covid_Neg_Sentiment:c(Industry)REIT - Retail -3.448e-01 3.400e+00 -0.101
Covid_Neg_Sentiment:c(Industry)REIT - Specialty -7.795e-01 3.532e+00 -0.221
Covid_Neg_Sentiment:c(Industry)Rental & Leasing Services -2.071e+00 3.237e+00 -0.640
Covid_Neg_Sentiment:c(Industry)Residential Construction 5.845e-01 2.689e+00 0.217
Covid_Neg_Sentiment:c(Industry)Resorts & Casinos 2.765e-01 3.638e+00 0.076
Covid_Neg_Sentiment:c(Industry)Restaurants -1.866e+00 2.927e+00 -0.637
Covid_Neg_Sentiment:c(Industry)Scientific & Technical Instruments -4.933e-01 2.943e+00 -0.168
Covid_Neg_Sentiment:c(Industry)Security & Protection Services 1.766e+00 3.153e+00 0.560
Covid_Neg_Sentiment:c(Industry)Semiconductor Equipment & Materials 1.107e+00 3.203e+00 0.346
Covid_Neg_Sentiment:c(Industry)Semiconductors -4.863e+00 2.867e+00 -1.696
Covid_Neg_Sentiment:c(Industry)Software - Application 3.758e-03 2.453e+00 0.002
Covid_Neg_Sentiment:c(Industry)Software - Infrastructure -1.992e+00 2.658e+00 -0.749
Covid_Neg_Sentiment:c(Industry)Solar 1.629e+01 9.993e+00 1.630
Covid_Neg_Sentiment:c(Industry)Specialty Business Services -2.648e+00 2.915e+00 -0.909
Covid_Neg_Sentiment:c(Industry)Specialty Chemicals -1.133e+00 2.589e+00 -0.438
Covid_Neg_Sentiment:c(Industry)Specialty Industrial Machinery -4.594e-02 2.535e+00 -0.018
Covid_Neg_Sentiment:c(Industry)Specialty Retail -1.663e+00 2.725e+00 -0.610
Covid_Neg_Sentiment:c(Industry)Staffing & Employment Services -1.889e+00 2.857e+00 -0.661
Covid_Neg_Sentiment:c(Industry)Steel -1.582e+00 3.852e+00 -0.411
Covid_Neg_Sentiment:c(Industry)Telecom Services -2.480e+00 3.125e+00 -0.794
Covid_Neg_Sentiment:c(Industry)Textile Manufacturing -3.865e+00 3.018e+00 -1.281
Covid_Neg_Sentiment:c(Industry)Thermal Coal -1.393e+00 3.125e+00 -0.446
Covid_Neg_Sentiment:c(Industry)Tobacco 5.675e-01 3.093e+00 0.183
Covid_Neg_Sentiment:c(Industry)Tools & Accessories 5.977e-01 3.195e+00 0.187
Covid_Neg_Sentiment:c(Industry)Travel Services -2.909e+00 4.886e+00 -0.595
Covid_Neg_Sentiment:c(Industry)Trucking -9.924e+00 7.377e+00 -1.345
Covid_Neg_Sentiment:c(Industry)Uranium 3.865e+00 9.172e+00 0.421
Covid_Neg_Sentiment:c(Industry)Utilities - Diversified -2.211e+00 2.810e+00 -0.787
Covid_Neg_Sentiment:c(Industry)Utilities - Independent Power Producers -4.830e+00 5.787e+00 -0.835
Covid_Neg_Sentiment:c(Industry)Utilities - Regulated Electric -2.920e-01 2.815e+00 -0.104
Covid_Neg_Sentiment:c(Industry)Utilities - Regulated Gas -1.661e+00 3.488e+00 -0.476
Covid_Neg_Sentiment:c(Industry)Utilities - Regulated Water -1.630e+00 3.820e+00 -0.427
Covid_Neg_Sentiment:c(Industry)Utilities - Renewable -2.693e+00 4.393e+00 -0.613
Covid_Neg_Sentiment:c(Industry)Waste Management -3.622e-01 4.060e+00 -0.089
Correlation matrix not shown by default, as p = 287 > 12.
Use print(x, correlation=TRUE) or
vcov(x) if you need itfit warnings:
Some predictor variables are on very different scales: consider rescaling
PercentChange_SharePrices_HierchicalIndustryCompany <- lmer(Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Pos_Sentiment + c(Industry) + Covid_Pos_Sentiment:c(Industry) + (1 | company_name), data=Closing_Share_Price_Across_Time) Warning: Some predictor variables are on very different scales: consider rescalingsummary(PercentChange_SharePrices_HierchicalIndustryCompany) Linear mixed model fit by REML ['lmerMod']
Formula: Percent_Change_bt_DayBefore_y_DayAfter ~ Day_of_EarningsCall + Covid_Pos_Sentiment + c(Industry) + Covid_Pos_Sentiment:c(Industry) + (1 | company_name)
Data: Closing_Share_Price_Across_Time
REML criterion at convergence: 95930.8
Scaled residuals:
Min 1Q Median 3Q Max
-9.8854 -0.4600 -0.0254 0.4239 24.3884
Random effects:
Groups Name Variance Std.Dev.
company_name (Intercept) 2.537 1.593
Residual 101.479 10.074
Number of obs: 12997, groups: company_name, 2586
Fixed effects:
Estimate Std. Error t value
(Intercept) 1.043e+01 6.684e+00 1.560
Day_of_EarningsCall -6.481e-04 3.494e-04 -1.855
Covid_Pos_Sentiment 2.594e+00 2.739e+00 0.947
c(Industry)Aerospace & Defense 4.936e-01 1.777e+00 0.278
c(Industry)Agricultural Inputs 2.707e+00 2.624e+00 1.032
c(Industry)Airlines 1.033e+00 2.244e+00 0.460
c(Industry)Airports & Air Services -5.472e+00 8.301e+00 -0.659
c(Industry)Aluminum -1.341e+00 4.101e+00 -0.327
c(Industry)Apparel Manufacturing 3.382e+00 1.987e+00 1.702
c(Industry)Apparel Retail 3.430e+00 1.824e+00 1.881
c(Industry)Asset Management 2.367e+00 1.641e+00 1.442
c(Industry)Auto & Truck Dealerships 4.842e+00 2.046e+00 2.366
c(Industry)Auto Manufacturers -3.395e-04 2.846e+00 0.000
c(Industry)Auto Parts 3.282e+00 1.802e+00 1.821
c(Industry)Banks - Diversified 7.634e-02 2.954e+00 0.026
c(Industry)Banks - Regional 2.977e+00 1.573e+00 1.893
c(Industry)Beverages - Brewers 4.443e-01 3.741e+00 0.119
c(Industry)Beverages - Non-Alcoholic -4.389e-02 2.546e+00 -0.017
c(Industry)Beverages - Wineries & Distilleries 1.513e+00 7.679e+00 0.197
c(Industry)Biotechnology 1.754e+00 1.559e+00 1.125
c(Industry)Broadcasting 4.692e+00 2.275e+00 2.063
c(Industry)Building Materials 3.446e+00 2.847e+00 1.210
c(Industry)Building Products & Equipment 1.522e+00 1.889e+00 0.806
c(Industry)Business Equipment & Supplies -7.122e+00 6.112e+00 -1.165
c(Industry)Capital Markets 1.845e+00 2.250e+00 0.820
c(Industry)Chemicals 2.360e+00 2.682e+00 0.880
c(Industry)Coking Coal 4.178e+00 3.616e+00 1.155
c(Industry)Communication Equipment 5.229e-01 1.804e+00 0.290
c(Industry)Computer Hardware 2.996e+00 2.092e+00 1.432
c(Industry)Confectioners 1.447e-01 5.655e+00 0.026
c(Industry)Conglomerates 1.122e+00 2.133e+00 0.526
c(Industry)Consulting Services 4.529e+00 2.544e+00 1.780
c(Industry)Consumer Electronics -4.334e+00 2.837e+00 -1.528
c(Industry)Copper 8.543e-01 5.131e+00 0.167
c(Industry)Credit Services 5.140e+00 1.932e+00 2.661
c(Industry)Department Stores 5.406e+00 3.599e+00 1.502
c(Industry)Diagnostics & Research 1.329e+00 1.794e+00 0.741
c(Industry)Discount Stores 6.205e-01 2.646e+00 0.235
c(Industry)Drug Manufacturers - General 1.673e+00 2.649e+00 0.631
c(Industry)Drug Manufacturers - Specialty & Generic 9.875e-01 1.750e+00 0.564
c(Industry)Education & Training Services 2.870e+00 2.360e+00 1.216
c(Industry)Electrical Equipment & Parts -1.143e+00 2.039e+00 -0.561
c(Industry)Electronic Components 3.082e+00 1.817e+00 1.696
c(Industry)Electronic Gaming & Multimedia 7.135e+00 5.962e+00 1.197
c(Industry)Electronics & Computer Distribution 1.573e+00 2.880e+00 0.546
c(Industry)Engineering & Construction 2.718e+00 1.857e+00 1.463
c(Industry)Entertainment 2.006e+00 2.022e+00 0.992
c(Industry)Farm & Heavy Construction Machinery 2.400e+00 1.979e+00 1.213
c(Industry)Farm Products -2.640e+00 2.638e+00 -1.001
c(Industry)Financial Conglomerates 1.876e+00 3.807e+00 0.493
c(Industry)Financial Data & Stock Exchanges 2.210e-01 2.426e+00 0.091
c(Industry)Food Distribution 4.832e-01 2.680e+00 0.180
c(Industry)Footwear & Accessories 1.595e-01 2.089e+00 0.076
c(Industry)Furnishings, Fixtures & Appliances 3.627e-01 2.029e+00 0.179
c(Industry)Gambling 3.672e+00 2.576e+00 1.425
c(Industry)Gold 1.663e+00 3.308e+00 0.503
c(Industry)Grocery Stores 3.817e+00 3.189e+00 1.197
c(Industry)Health Information Services 1.093e+00 1.971e+00 0.554
c(Industry)Healthcare Plans 5.368e-02 2.913e+00 0.018
c(Industry)Home Improvement Retail 3.404e+00 3.013e+00 1.130
c(Industry)Household & Personal Products 2.745e+00 2.064e+00 1.330
c(Industry)Industrial Distribution 3.795e+00 2.063e+00 1.840
c(Industry)Information Technology Services 2.197e+00 1.818e+00 1.208
c(Industry)Infrastructure Operations 3.403e+00 1.188e+01 0.286
c(Industry)Insurance - Diversified 4.187e+00 3.549e+00 1.180
c(Industry)Insurance - Life 1.597e+00 2.239e+00 0.713
c(Industry)Insurance - Property & Casualty 1.117e+00 1.829e+00 0.611
c(Industry)Insurance - Reinsurance -3.572e-01 9.839e+00 -0.036
c(Industry)Insurance - Specialty -1.480e-01 2.316e+00 -0.064
c(Industry)Insurance Brokers -4.008e+00 2.559e+00 -1.566
c(Industry)Integrated Freight & Logistics 1.246e+00 2.360e+00 0.528
c(Industry)Internet Content & Information 2.111e+00 2.182e+00 0.968
c(Industry)Internet Retail 1.924e+00 2.307e+00 0.834
c(Industry)Leisure 2.062e+00 2.163e+00 0.953
c(Industry)Lodging 4.695e+00 2.571e+00 1.826
c(Industry)Lumber & Wood Production 5.244e+00 3.470e+00 1.511
c(Industry)Luxury Goods 2.877e+00 3.916e+00 0.735
c(Industry)Marine Shipping 2.792e+00 3.331e+00 0.838
c(Industry)Medical Care Facilities 5.883e-01 1.867e+00 0.315
c(Industry)Medical Devices 5.582e-01 1.610e+00 0.347
c(Industry)Medical Distribution 8.446e-01 2.605e+00 0.324
c(Industry)Medical Instruments & Supplies 1.653e+00 1.775e+00 0.931
c(Industry)Metal Fabrication 1.894e-01 2.134e+00 0.089
c(Industry)Mortgage Finance 2.082e+00 2.568e+00 0.810
c(Industry)Oil & Gas Drilling 5.258e+00 5.567e+00 0.945
c(Industry)Oil & Gas E&P 3.611e+00 1.955e+00 1.847
c(Industry)Oil & Gas Equipment & Services 1.161e+00 1.849e+00 0.628
c(Industry)Oil & Gas Integrated 3.510e-01 4.328e+00 0.081
c(Industry)Oil & Gas Midstream 2.160e+00 2.071e+00 1.043
c(Industry)Oil & Gas Refining & Marketing 1.971e+00 2.191e+00 0.900
c(Industry)Other Industrial Metals & Mining -1.399e+00 4.305e+00 -0.325
c(Industry)Other Precious Metals & Mining 1.032e+01 6.240e+00 1.654
c(Industry)Packaged Foods 7.147e-01 1.822e+00 0.392
c(Industry)Packaging & Containers 2.895e+00 2.018e+00 1.434
c(Industry)Paper & Paper Products -3.212e+00 5.893e+00 -0.545
c(Industry)Personal Services -5.188e-01 2.646e+00 -0.196
c(Industry)Pharmaceutical Retailers -2.967e+00 5.454e+00 -0.544
c(Industry)Pollution & Treatment Controls 3.854e+00 3.072e+00 1.255
c(Industry)Publishing 2.700e+00 2.784e+00 0.970
c(Industry)Railroads 3.072e+00 2.425e+00 1.266
c(Industry)Real Estate - Development 2.698e+00 4.183e+00 0.645
c(Industry)Real Estate - Diversified -7.233e-02 5.678e+00 -0.013
c(Industry)Real Estate Services 3.405e+00 2.161e+00 1.576
c(Industry)Recreational Vehicles -1.070e+00 2.680e+00 -0.399
c(Industry)REIT - Diversified 1.196e-01 2.349e+00 0.051
c(Industry)REIT - Healthcare Facilities 5.525e-01 2.360e+00 0.234
c(Industry)REIT - Hotel & Motel 1.360e-01 2.090e+00 0.065
c(Industry)REIT - Industrial 1.311e+00 2.282e+00 0.574
c(Industry)REIT - Mortgage 1.327e+00 1.809e+00 0.733
c(Industry)REIT - Office 8.860e-01 2.102e+00 0.422
c(Industry)REIT - Residential 1.627e+00 2.124e+00 0.766
c(Industry)REIT - Retail 3.332e+00 2.043e+00 1.631
c(Industry)REIT - Specialty 1.506e+00 1.999e+00 0.753
c(Industry)Rental & Leasing Services 1.945e+00 2.163e+00 0.899
c(Industry)Residential Construction 3.207e+00 2.068e+00 1.551
c(Industry)Resorts & Casinos 1.821e+00 2.167e+00 0.840
c(Industry)Restaurants 3.174e+00 1.816e+00 1.748
c(Industry)Scientific & Technical Instruments 1.211e+00 1.947e+00 0.622
c(Industry)Security & Protection Services -1.986e+00 2.495e+00 -0.796
c(Industry)Semiconductor Equipment & Materials 9.766e-01 1.935e+00 0.505
c(Industry)Semiconductors 4.131e+00 1.779e+00 2.323
c(Industry)Software - Application 1.007e+00 1.589e+00 0.634
c(Industry)Software - Infrastructure 1.066e+00 1.641e+00 0.650
c(Industry)Solar 1.263e+00 2.995e+00 0.422
c(Industry)Specialty Business Services -7.482e-01 2.103e+00 -0.356
c(Industry)Specialty Chemicals 1.374e+00 1.777e+00 0.773
c(Industry)Specialty Industrial Machinery 1.433e+00 1.678e+00 0.854
c(Industry)Specialty Retail 2.047e+00 1.808e+00 1.132
c(Industry)Staffing & Employment Services 3.998e+00 2.154e+00 1.856
c(Industry)Steel 3.517e+00 2.487e+00 1.414
c(Industry)Telecom Services 9.183e-01 2.022e+00 0.454
c(Industry)Textile Manufacturing 1.108e+00 3.024e+00 0.366
c(Industry)Thermal Coal 3.282e+00 3.141e+00 1.045
c(Industry)Tobacco 6.389e+00 2.523e+00 2.532
c(Industry)Tools & Accessories 2.822e-01 2.525e+00 0.112
c(Industry)Travel Services 1.964e+00 2.807e+00 0.700
c(Industry)Trucking 3.684e+00 2.642e+00 1.395
c(Industry)Uranium -7.572e+00 5.209e+00 -1.454
c(Industry)Utilities - Diversified 1.815e+00 2.831e+00 0.641
c(Industry)Utilities - Independent Power Producers 5.115e+00 5.398e+00 0.948
c(Industry)Utilities - Regulated Electric 1.257e+00 1.840e+00 0.683
c(Industry)Utilities - Regulated Gas 2.466e+00 2.452e+00 1.006
c(Industry)Utilities - Regulated Water 1.821e+00 3.092e+00 0.589
c(Industry)Utilities - Renewable 6.861e+00 5.472e+00 1.254
c(Industry)Waste Management 2.024e+00 2.409e+00 0.840
Covid_Pos_Sentiment:c(Industry)Aerospace & Defense -4.815e-01 3.341e+00 -0.144
Covid_Pos_Sentiment:c(Industry)Agricultural Inputs -4.098e+00 6.710e+00 -0.611
Covid_Pos_Sentiment:c(Industry)Airlines -2.110e+00 6.979e+00 -0.302
Covid_Pos_Sentiment:c(Industry)Airports & Air Services 1.500e+00 1.123e+01 0.134
Covid_Pos_Sentiment:c(Industry)Aluminum -4.597e-01 9.891e+00 -0.046
Covid_Pos_Sentiment:c(Industry)Apparel Manufacturing -5.443e+00 3.176e+00 -1.714
Covid_Pos_Sentiment:c(Industry)Apparel Retail -9.667e-01 3.444e+00 -0.281
Covid_Pos_Sentiment:c(Industry)Asset Management -1.287e-01 3.131e+00 -0.041
Covid_Pos_Sentiment:c(Industry)Auto & Truck Dealerships -6.978e+00 4.579e+00 -1.524
Covid_Pos_Sentiment:c(Industry)Auto Manufacturers -1.388e+00 7.888e+00 -0.176
Covid_Pos_Sentiment:c(Industry)Auto Parts -2.625e+00 3.086e+00 -0.851
Covid_Pos_Sentiment:c(Industry)Banks - Diversified -9.818e+00 1.577e+01 -0.623
Covid_Pos_Sentiment:c(Industry)Banks - Regional -3.044e+00 3.234e+00 -0.941
Covid_Pos_Sentiment:c(Industry)Beverages - Brewers 2.282e+00 8.045e+00 0.284
Covid_Pos_Sentiment:c(Industry)Beverages - Non-Alcoholic -3.664e+00 3.679e+00 -0.996
Covid_Pos_Sentiment:c(Industry)Beverages - Wineries & Distilleries -1.472e+01 2.315e+01 -0.636
Covid_Pos_Sentiment:c(Industry)Biotechnology -3.950e+00 2.830e+00 -1.396
Covid_Pos_Sentiment:c(Industry)Broadcasting -4.992e+00 5.014e+00 -0.996
Covid_Pos_Sentiment:c(Industry)Building Materials -1.005e+01 9.493e+00 -1.058
Covid_Pos_Sentiment:c(Industry)Building Products & Equipment 1.042e+00 3.828e+00 0.272
Covid_Pos_Sentiment:c(Industry)Business Equipment & Supplies 1.111e+01 1.341e+01 0.829
Covid_Pos_Sentiment:c(Industry)Capital Markets -4.246e+00 7.017e+00 -0.605
Covid_Pos_Sentiment:c(Industry)Chemicals -9.831e-01 4.869e+00 -0.202
Covid_Pos_Sentiment:c(Industry)Coking Coal -1.095e+01 1.241e+01 -0.882
Covid_Pos_Sentiment:c(Industry)Communication Equipment -4.828e-01 3.611e+00 -0.134
Covid_Pos_Sentiment:c(Industry)Computer Hardware -2.212e+00 3.684e+00 -0.600
Covid_Pos_Sentiment:c(Industry)Confectioners -1.434e-01 5.695e+00 -0.025
Covid_Pos_Sentiment:c(Industry)Conglomerates -3.101e-01 3.908e+00 -0.079
Covid_Pos_Sentiment:c(Industry)Consulting Services -6.755e+00 4.652e+00 -1.452
Covid_Pos_Sentiment:c(Industry)Consumer Electronics 1.319e+01 6.563e+00 2.011
Covid_Pos_Sentiment:c(Industry)Copper -2.322e+00 1.409e+01 -0.165
Covid_Pos_Sentiment:c(Industry)Credit Services 9.038e-02 4.264e+00 0.021
Covid_Pos_Sentiment:c(Industry)Department Stores -2.424e+01 9.087e+00 -2.668
Covid_Pos_Sentiment:c(Industry)Diagnostics & Research -2.245e+00 2.919e+00 -0.769
Covid_Pos_Sentiment:c(Industry)Discount Stores -5.824e+00 7.053e+00 -0.826
Covid_Pos_Sentiment:c(Industry)Drug Manufacturers - General -3.008e+00 3.427e+00 -0.878
Covid_Pos_Sentiment:c(Industry)Drug Manufacturers - Specialty & Generic -3.028e+00 2.900e+00 -1.044
Covid_Pos_Sentiment:c(Industry)Education & Training Services -1.634e+00 4.585e+00 -0.356
Covid_Pos_Sentiment:c(Industry)Electrical Equipment & Parts -2.000e+00 3.635e+00 -0.550
Covid_Pos_Sentiment:c(Industry)Electronic Components -3.930e+00 3.246e+00 -1.211
Covid_Pos_Sentiment:c(Industry)Electronic Gaming & Multimedia -2.849e+00 2.698e+01 -0.106
Covid_Pos_Sentiment:c(Industry)Electronics & Computer Distribution 4.189e+00 6.315e+00 0.663
Covid_Pos_Sentiment:c(Industry)Engineering & Construction -3.812e+00 3.457e+00 -1.103
Covid_Pos_Sentiment:c(Industry)Entertainment -1.698e+00 3.643e+00 -0.466
Covid_Pos_Sentiment:c(Industry)Farm & Heavy Construction Machinery -3.443e+00 3.749e+00 -0.918
Covid_Pos_Sentiment:c(Industry)Farm Products 1.703e+00 4.798e+00 0.355
Covid_Pos_Sentiment:c(Industry)Financial Conglomerates 1.334e+00 6.223e+00 0.214
Covid_Pos_Sentiment:c(Industry)Financial Data & Stock Exchanges 2.810e+00 8.134e+00 0.345
Covid_Pos_Sentiment:c(Industry)Food Distribution -7.161e-01 5.140e+00 -0.139
Covid_Pos_Sentiment:c(Industry)Footwear & Accessories 3.688e+00 4.031e+00 0.915
Covid_Pos_Sentiment:c(Industry)Furnishings, Fixtures & Appliances 3.218e-01 3.816e+00 0.084
Covid_Pos_Sentiment:c(Industry)Gambling 8.233e-01 4.861e+00 0.169
Covid_Pos_Sentiment:c(Industry)Gold -1.541e+00 6.573e+00 -0.234
Covid_Pos_Sentiment:c(Industry)Grocery Stores -4.207e+00 6.178e+00 -0.681
Covid_Pos_Sentiment:c(Industry)Health Information Services -4.697e+00 3.590e+00 -1.308
Covid_Pos_Sentiment:c(Industry)Healthcare Plans 1.027e-02 4.496e+00 0.002
Covid_Pos_Sentiment:c(Industry)Home Improvement Retail -8.234e+00 7.200e+00 -1.144
Covid_Pos_Sentiment:c(Industry)Household & Personal Products -1.702e+00 3.544e+00 -0.480
Covid_Pos_Sentiment:c(Industry)Industrial Distribution -3.332e+00 3.923e+00 -0.849
Covid_Pos_Sentiment:c(Industry)Information Technology Services 9.705e-01 3.317e+00 0.293
Covid_Pos_Sentiment:c(Industry)Infrastructure Operations -3.670e+00 2.252e+01 -0.163
Covid_Pos_Sentiment:c(Industry)Insurance - Diversified -3.913e+00 6.050e+00 -0.647
Covid_Pos_Sentiment:c(Industry)Insurance - Life -3.505e+00 3.385e+00 -1.035
Covid_Pos_Sentiment:c(Industry)Insurance - Property & Casualty -6.203e-01 3.275e+00 -0.189
Covid_Pos_Sentiment:c(Industry)Insurance - Reinsurance 5.425e-01 7.332e+00 0.074
Covid_Pos_Sentiment:c(Industry)Insurance - Specialty -2.958e+00 4.617e+00 -0.641
Covid_Pos_Sentiment:c(Industry)Insurance Brokers 3.700e+00 4.915e+00 0.753
Covid_Pos_Sentiment:c(Industry)Integrated Freight & Logistics 1.486e-01 6.495e+00 0.023
Covid_Pos_Sentiment:c(Industry)Internet Content & Information 5.753e+00 4.552e+00 1.264
Covid_Pos_Sentiment:c(Industry)Internet Retail 5.924e-02 4.078e+00 0.015
Covid_Pos_Sentiment:c(Industry)Leisure -3.409e-01 4.079e+00 -0.084
Covid_Pos_Sentiment:c(Industry)Lodging -6.402e+00 6.308e+00 -1.015
Covid_Pos_Sentiment:c(Industry)Lumber & Wood Production -7.567e+00 5.511e+00 -1.373
Covid_Pos_Sentiment:c(Industry)Luxury Goods -8.506e+00 5.747e+00 -1.480
Covid_Pos_Sentiment:c(Industry)Marine Shipping -3.912e+00 7.234e+00 -0.541
Covid_Pos_Sentiment:c(Industry)Medical Care Facilities 2.183e-01 3.022e+00 0.072
Covid_Pos_Sentiment:c(Industry)Medical Devices -2.034e+00 2.842e+00 -0.716
Covid_Pos_Sentiment:c(Industry)Medical Distribution -2.434e+00 3.952e+00 -0.616
Covid_Pos_Sentiment:c(Industry)Medical Instruments & Supplies -2.611e+00 2.907e+00 -0.898
Covid_Pos_Sentiment:c(Industry)Metal Fabrication -1.802e+00 3.696e+00 -0.488
Covid_Pos_Sentiment:c(Industry)Mortgage Finance -9.343e-01 4.636e+00 -0.202
Covid_Pos_Sentiment:c(Industry)Oil & Gas Drilling -1.071e+01 1.343e+01 -0.798
Covid_Pos_Sentiment:c(Industry)Oil & Gas E&P -8.453e+00 5.140e+00 -1.645
Covid_Pos_Sentiment:c(Industry)Oil & Gas Equipment & Services -3.054e+00 4.163e+00 -0.734
Covid_Pos_Sentiment:c(Industry)Oil & Gas Integrated 4.906e+00 2.371e+01 0.207
Covid_Pos_Sentiment:c(Industry)Oil & Gas Midstream -3.472e+00 5.652e+00 -0.614
Covid_Pos_Sentiment:c(Industry)Oil & Gas Refining & Marketing 7.028e-01 4.187e+00 0.168
Covid_Pos_Sentiment:c(Industry)Other Industrial Metals & Mining 6.939e+00 1.093e+01 0.635
Covid_Pos_Sentiment:c(Industry)Other Precious Metals & Mining -3.147e+01 2.789e+01 -1.128
Covid_Pos_Sentiment:c(Industry)Packaged Foods -1.493e+00 3.298e+00 -0.453
Covid_Pos_Sentiment:c(Industry)Packaging & Containers -4.472e+00 4.121e+00 -1.085
Covid_Pos_Sentiment:c(Industry)Paper & Paper Products -2.691e+01 2.532e+01 -1.063
Covid_Pos_Sentiment:c(Industry)Personal Services 4.870e+00 4.929e+00 0.988
Covid_Pos_Sentiment:c(Industry)Pharmaceutical Retailers 2.863e+00 8.135e+00 0.352
Covid_Pos_Sentiment:c(Industry)Pollution & Treatment Controls -7.086e+00 6.589e+00 -1.076
Covid_Pos_Sentiment:c(Industry)Publishing -3.845e+00 4.279e+00 -0.899
Covid_Pos_Sentiment:c(Industry)Railroads -5.914e+00 6.525e+00 -0.906
Covid_Pos_Sentiment:c(Industry)Real Estate - Development 8.991e+00 1.295e+01 0.694
Covid_Pos_Sentiment:c(Industry)Real Estate - Diversified 2.859e+00 8.548e+00 0.334
Covid_Pos_Sentiment:c(Industry)Real Estate Services -4.764e-01 5.588e+00 -0.085
Covid_Pos_Sentiment:c(Industry)Recreational Vehicles 8.877e+00 6.482e+00 1.370
Covid_Pos_Sentiment:c(Industry)REIT - Diversified 2.944e-01 5.088e+00 0.058
Covid_Pos_Sentiment:c(Industry)REIT - Healthcare Facilities 7.430e-01 3.687e+00 0.202
Covid_Pos_Sentiment:c(Industry)REIT - Hotel & Motel 2.824e+00 5.116e+00 0.552
Covid_Pos_Sentiment:c(Industry)REIT - Industrial -1.050e+00 4.864e+00 -0.216
Covid_Pos_Sentiment:c(Industry)REIT - Mortgage -1.199e+00 3.685e+00 -0.325
Covid_Pos_Sentiment:c(Industry)REIT - Office -1.057e+00 4.231e+00 -0.250
Covid_Pos_Sentiment:c(Industry)REIT - Residential 1.702e+00 5.101e+00 0.334
Covid_Pos_Sentiment:c(Industry)REIT - Retail -4.109e+00 4.139e+00 -0.993
Covid_Pos_Sentiment:c(Industry)REIT - Specialty -1.189e+00 3.811e+00 -0.312
Covid_Pos_Sentiment:c(Industry)Rental & Leasing Services -4.447e+00 4.435e+00 -1.003
Covid_Pos_Sentiment:c(Industry)Residential Construction 1.734e+00 4.403e+00 0.394
Covid_Pos_Sentiment:c(Industry)Resorts & Casinos 1.267e+00 4.676e+00 0.271
Covid_Pos_Sentiment:c(Industry)Restaurants -1.131e+00 3.443e+00 -0.329
Covid_Pos_Sentiment:c(Industry)Scientific & Technical Instruments -2.430e+00 3.944e+00 -0.616
Covid_Pos_Sentiment:c(Industry)Security & Protection Services 8.526e-01 4.394e+00 0.194
Covid_Pos_Sentiment:c(Industry)Semiconductor Equipment & Materials 1.943e+00 3.928e+00 0.495
Covid_Pos_Sentiment:c(Industry)Semiconductors -2.786e+00 3.377e+00 -0.825
Covid_Pos_Sentiment:c(Industry)Software - Application -2.278e+00 2.948e+00 -0.773
Covid_Pos_Sentiment:c(Industry)Software - Infrastructure -6.715e-01 3.064e+00 -0.219
Covid_Pos_Sentiment:c(Industry)Solar 1.586e+01 8.914e+00 1.779
Covid_Pos_Sentiment:c(Industry)Specialty Business Services -2.823e-02 4.195e+00 -0.007
Covid_Pos_Sentiment:c(Industry)Specialty Chemicals -3.196e+00 3.244e+00 -0.985
Covid_Pos_Sentiment:c(Industry)Specialty Industrial Machinery -9.657e-02 3.117e+00 -0.031
Covid_Pos_Sentiment:c(Industry)Specialty Retail 1.140e+00 3.709e+00 0.308
Covid_Pos_Sentiment:c(Industry)Staffing & Employment Services -3.374e+00 4.108e+00 -0.821
Covid_Pos_Sentiment:c(Industry)Steel -3.203e+00 5.184e+00 -0.618
Covid_Pos_Sentiment:c(Industry)Telecom Services 5.049e-02 4.560e+00 0.011
Covid_Pos_Sentiment:c(Industry)Textile Manufacturing -8.133e+00 3.818e+00 -2.130
Covid_Pos_Sentiment:c(Industry)Thermal Coal -5.748e+00 5.329e+00 -1.079
Covid_Pos_Sentiment:c(Industry)Tobacco -7.404e+00 4.376e+00 -1.692
Covid_Pos_Sentiment:c(Industry)Tools & Accessories 6.116e-01 5.577e+00 0.110
Covid_Pos_Sentiment:c(Industry)Travel Services -2.114e+00 6.425e+00 -0.329
Covid_Pos_Sentiment:c(Industry)Trucking -8.596e+00 7.780e+00 -1.105
Covid_Pos_Sentiment:c(Industry)Uranium 2.118e+00 8.210e+00 0.258
Covid_Pos_Sentiment:c(Industry)Utilities - Diversified -4.271e+00 4.203e+00 -1.016
Covid_Pos_Sentiment:c(Industry)Utilities - Independent Power Producers -1.033e+01 1.045e+01 -0.988
Covid_Pos_Sentiment:c(Industry)Utilities - Regulated Electric -4.264e-01 3.542e+00 -0.120
Covid_Pos_Sentiment:c(Industry)Utilities - Regulated Gas -1.887e+00 4.359e+00 -0.433
Covid_Pos_Sentiment:c(Industry)Utilities - Regulated Water -4.832e-01 6.178e+00 -0.078
Covid_Pos_Sentiment:c(Industry)Utilities - Renewable -1.467e+01 1.087e+01 -1.349
Covid_Pos_Sentiment:c(Industry)Waste Management -3.236e+00 3.704e+00 -0.874
Correlation matrix not shown by default, as p = 287 > 12.
Use print(x, correlation=TRUE) or
vcov(x) if you need itfit warnings:
Some predictor variables are on very different scales: consider rescaling
lm(Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) + Day_of_EarningsCall + Covid_Exposure + Covid_Pos_Sentiment + Covid_Pos_Sentiment:c(Industry), data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) +
Day_of_EarningsCall + Covid_Exposure + Covid_Pos_Sentiment +
Covid_Pos_Sentiment:c(Industry), data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-100.453 -4.728 -0.274 4.368 251.680
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 1.460e+01 6.898e+00 2.117 0.03430 *
c(Industry)Aerospace & Defense 4.827e-01 1.712e+00 0.282 0.77803
c(Industry)Agricultural Inputs 2.671e+00 2.551e+00 1.047 0.29511
c(Industry)Airlines 1.017e+00 2.161e+00 0.470 0.63808
c(Industry)Airports & Air Services -5.618e+00 8.284e+00 -0.678 0.49768
c(Industry)Aluminum -1.341e+00 4.017e+00 -0.334 0.73843
c(Industry)Apparel Manufacturing 3.288e+00 1.898e+00 1.732 0.08329 .
c(Industry)Apparel Retail 3.413e+00 1.755e+00 1.944 0.05186 .
c(Industry)Asset Management 2.306e+00 1.585e+00 1.455 0.14561
c(Industry)Auto & Truck Dealerships 4.718e+00 1.980e+00 2.382 0.01723 *
c(Industry)Auto Manufacturers -1.727e-01 2.768e+00 -0.062 0.95026
c(Industry)Auto Parts 3.216e+00 1.735e+00 1.854 0.06383 .
c(Industry)Banks - Diversified -7.038e-02 2.851e+00 -0.025 0.98031
c(Industry)Banks - Regional 2.917e+00 1.519e+00 1.920 0.05487 .
c(Industry)Beverages - Brewers 4.118e-01 3.639e+00 0.113 0.90991
c(Industry)Beverages - Non-Alcoholic 1.429e-01 2.460e+00 0.058 0.95369
c(Industry)Beverages - Wineries & Distilleries 1.492e+00 7.546e+00 0.198 0.84329
c(Industry)Biotechnology 1.650e+00 1.505e+00 1.096 0.27291
c(Industry)Broadcasting 4.615e+00 2.202e+00 2.096 0.03608 *
c(Industry)Building Materials 3.332e+00 2.749e+00 1.212 0.22545
c(Industry)Building Products & Equipment 1.454e+00 1.822e+00 0.798 0.42472
c(Industry)Business Equipment & Supplies -7.573e+00 6.035e+00 -1.255 0.20954
c(Industry)Capital Markets 1.739e+00 2.180e+00 0.798 0.42504
c(Industry)Chemicals 2.254e+00 2.607e+00 0.864 0.38739
c(Industry)Coking Coal 4.164e+00 3.537e+00 1.177 0.23904
c(Industry)Communication Equipment 4.842e-01 1.741e+00 0.278 0.78097
c(Industry)Computer Hardware 2.792e+00 2.016e+00 1.384 0.16623
c(Industry)Confectioners 1.107e-01 5.574e+00 0.020 0.98415
c(Industry)Conglomerates 1.049e+00 2.045e+00 0.513 0.60783
c(Industry)Consulting Services 4.476e+00 2.466e+00 1.815 0.06956 .
c(Industry)Consumer Electronics -4.378e+00 2.729e+00 -1.604 0.10874
c(Industry)Copper 9.011e-01 5.025e+00 0.179 0.85769
c(Industry)Credit Services 5.016e+00 1.866e+00 2.689 0.00718 **
c(Industry)Department Stores 5.353e+00 3.458e+00 1.548 0.12171
c(Industry)Diagnostics & Research 1.480e+00 1.729e+00 0.856 0.39192
c(Industry)Discount Stores 8.460e-01 2.551e+00 0.332 0.74013
c(Industry)Drug Manufacturers - General 1.578e+00 2.570e+00 0.614 0.53927
c(Industry)Drug Manufacturers - Specialty & Generic 1.233e+00 1.684e+00 0.732 0.46391
c(Industry)Education & Training Services 2.868e+00 2.295e+00 1.250 0.21137
c(Industry)Electrical Equipment & Parts -1.261e+00 1.975e+00 -0.638 0.52338
c(Industry)Electronic Components 3.070e+00 1.748e+00 1.756 0.07909 .
c(Industry)Electronic Gaming & Multimedia 7.043e+00 5.963e+00 1.181 0.23759
c(Industry)Electronics & Computer Distribution 1.575e+00 2.783e+00 0.566 0.57146
c(Industry)Engineering & Construction 2.705e+00 1.796e+00 1.506 0.13208
c(Industry)Entertainment 1.844e+00 1.949e+00 0.946 0.34410
c(Industry)Farm & Heavy Construction Machinery 2.343e+00 1.912e+00 1.226 0.22024
c(Industry)Farm Products -2.737e+00 2.553e+00 -1.072 0.28368
c(Industry)Financial Conglomerates 1.765e+00 3.703e+00 0.477 0.63365
c(Industry)Financial Data & Stock Exchanges 7.904e-02 2.355e+00 0.034 0.97323
c(Industry)Food Distribution 3.718e-01 2.599e+00 0.143 0.88627
c(Industry)Footwear & Accessories 1.267e-01 2.005e+00 0.063 0.94959
c(Industry)Furnishings, Fixtures & Appliances 4.595e-01 1.960e+00 0.234 0.81467
c(Industry)Gambling 3.515e+00 2.468e+00 1.424 0.15443
c(Industry)Gold 1.658e+00 3.214e+00 0.516 0.60590
c(Industry)Grocery Stores 4.021e+00 3.094e+00 1.300 0.19372
c(Industry)Health Information Services 9.923e-01 1.912e+00 0.519 0.60385
c(Industry)Healthcare Plans 4.624e-01 2.826e+00 0.164 0.87003
c(Industry)Home Improvement Retail 3.393e+00 2.933e+00 1.157 0.24742
c(Industry)Household & Personal Products 2.680e+00 1.989e+00 1.348 0.17780
c(Industry)Industrial Distribution 3.710e+00 1.992e+00 1.862 0.06257 .
c(Industry)Information Technology Services 2.135e+00 1.752e+00 1.219 0.22303
c(Industry)Infrastructure Operations 3.624e+00 1.190e+01 0.305 0.76070
c(Industry)Insurance - Diversified 4.076e+00 3.429e+00 1.189 0.23455
c(Industry)Insurance - Life 1.861e+00 2.144e+00 0.868 0.38551
c(Industry)Insurance - Property & Casualty 1.155e+00 1.764e+00 0.655 0.51269
c(Industry)Insurance - Reinsurance 9.347e-02 9.812e+00 0.010 0.99240
c(Industry)Insurance - Specialty -1.789e-01 2.243e+00 -0.080 0.93643
c(Industry)Insurance Brokers -4.190e+00 2.477e+00 -1.692 0.09072 .
c(Industry)Integrated Freight & Logistics 1.242e+00 2.281e+00 0.545 0.58592
c(Industry)Internet Content & Information 2.261e+00 2.109e+00 1.072 0.28382
c(Industry)Internet Retail 1.962e+00 2.217e+00 0.885 0.37617
c(Industry)Leisure 2.021e+00 2.085e+00 0.969 0.33243
c(Industry)Lodging 4.620e+00 2.480e+00 1.863 0.06254 .
c(Industry)Lumber & Wood Production 5.127e+00 3.341e+00 1.535 0.12489
c(Industry)Luxury Goods 2.732e+00 3.790e+00 0.721 0.47096
c(Industry)Marine Shipping 2.891e+00 3.226e+00 0.896 0.37016
c(Industry)Medical Care Facilities 8.054e-01 1.802e+00 0.447 0.65493
c(Industry)Medical Devices 6.274e-01 1.554e+00 0.404 0.68641
c(Industry)Medical Distribution 7.658e-01 2.502e+00 0.306 0.75958
c(Industry)Medical Instruments & Supplies 1.761e+00 1.704e+00 1.033 0.30146
c(Industry)Metal Fabrication 2.777e-01 2.056e+00 0.135 0.89258
c(Industry)Mortgage Finance 2.108e+00 2.484e+00 0.848 0.39622
c(Industry)Oil & Gas Drilling 5.344e+00 5.509e+00 0.970 0.33205
c(Industry)Oil & Gas E&P 3.432e+00 1.897e+00 1.809 0.07048 .
c(Industry)Oil & Gas Equipment & Services 1.100e+00 1.789e+00 0.615 0.53869
c(Industry)Oil & Gas Integrated 3.988e-01 4.247e+00 0.094 0.92518
c(Industry)Oil & Gas Midstream 2.164e+00 2.005e+00 1.079 0.28043
c(Industry)Oil & Gas Refining & Marketing 1.976e+00 2.102e+00 0.940 0.34704
c(Industry)Other Industrial Metals & Mining -1.458e+00 4.219e+00 -0.346 0.72972
c(Industry)Other Precious Metals & Mining 1.023e+01 6.138e+00 1.667 0.09551 .
c(Industry)Packaged Foods 7.491e-01 1.756e+00 0.427 0.66975
c(Industry)Packaging & Containers 2.751e+00 1.948e+00 1.412 0.15785
c(Industry)Paper & Paper Products -3.216e+00 5.721e+00 -0.562 0.57411
c(Industry)Personal Services -5.684e-01 2.581e+00 -0.220 0.82568
c(Industry)Pharmaceutical Retailers -2.823e+00 5.389e+00 -0.524 0.60036
c(Industry)Pollution & Treatment Controls 3.980e+00 2.954e+00 1.347 0.17793
c(Industry)Publishing 2.623e+00 2.676e+00 0.980 0.32695
c(Industry)Railroads 2.931e+00 2.348e+00 1.248 0.21198
c(Industry)Real Estate - Development 2.566e+00 4.100e+00 0.626 0.53137
c(Industry)Real Estate - Diversified 1.170e-01 5.495e+00 0.021 0.98301
c(Industry)Real Estate Services 3.198e+00 2.093e+00 1.528 0.12659
c(Industry)Recreational Vehicles -1.094e+00 2.599e+00 -0.421 0.67391
c(Industry)REIT - Diversified 5.888e-02 2.253e+00 0.026 0.97915
c(Industry)REIT - Healthcare Facilities 5.915e-01 2.290e+00 0.258 0.79620
c(Industry)REIT - Hotel & Motel -1.733e-02 2.019e+00 -0.009 0.99315
c(Industry)REIT - Industrial 1.255e+00 2.213e+00 0.567 0.57083
c(Industry)REIT - Mortgage 1.229e+00 1.747e+00 0.704 0.48168
c(Industry)REIT - Office 7.740e-01 2.020e+00 0.383 0.70160
c(Industry)REIT - Residential 1.603e+00 2.058e+00 0.779 0.43607
c(Industry)REIT - Retail 3.301e+00 1.973e+00 1.673 0.09429 .
c(Industry)REIT - Specialty 1.442e+00 1.923e+00 0.750 0.45326
c(Industry)Rental & Leasing Services 2.086e+00 2.084e+00 1.001 0.31671
c(Industry)Residential Construction 3.173e+00 1.999e+00 1.588 0.11242
c(Industry)Resorts & Casinos 1.740e+00 2.095e+00 0.831 0.40620
c(Industry)Restaurants 3.250e+00 1.752e+00 1.855 0.06361 .
c(Industry)Scientific & Technical Instruments 1.165e+00 1.873e+00 0.622 0.53404
c(Industry)Security & Protection Services -2.058e+00 2.419e+00 -0.851 0.39486
c(Industry)Semiconductor Equipment & Materials 8.578e-01 1.867e+00 0.459 0.64596
c(Industry)Semiconductors 4.021e+00 1.719e+00 2.339 0.01937 *
c(Industry)Software - Application 9.624e-01 1.535e+00 0.627 0.53064
c(Industry)Software - Infrastructure 1.048e+00 1.584e+00 0.662 0.50807
c(Industry)Solar 1.012e+00 2.922e+00 0.346 0.72903
c(Industry)Specialty Business Services -8.306e-01 2.030e+00 -0.409 0.68247
c(Industry)Specialty Chemicals 1.390e+00 1.713e+00 0.811 0.41724
c(Industry)Specialty Industrial Machinery 1.359e+00 1.617e+00 0.840 0.40073
c(Industry)Specialty Retail 2.046e+00 1.744e+00 1.173 0.24075
c(Industry)Staffing & Employment Services 4.040e+00 2.086e+00 1.936 0.05284 .
c(Industry)Steel 3.424e+00 2.412e+00 1.419 0.15582
c(Industry)Telecom Services 9.270e-01 1.962e+00 0.472 0.63667
c(Industry)Textile Manufacturing 1.025e+00 2.909e+00 0.352 0.72448
c(Industry)Thermal Coal 3.193e+00 3.045e+00 1.049 0.29427
c(Industry)Tobacco 6.233e+00 2.431e+00 2.564 0.01035 *
c(Industry)Tools & Accessories 2.049e-01 2.450e+00 0.084 0.93335
c(Industry)Travel Services 1.912e+00 2.736e+00 0.699 0.48461
c(Industry)Trucking 3.613e+00 2.548e+00 1.418 0.15620
c(Industry)Uranium -7.684e+00 4.997e+00 -1.538 0.12411
c(Industry)Utilities - Diversified 1.880e+00 2.742e+00 0.686 0.49286
c(Industry)Utilities - Independent Power Producers 4.987e+00 5.320e+00 0.937 0.34860
c(Industry)Utilities - Regulated Electric 1.181e+00 1.775e+00 0.665 0.50593
c(Industry)Utilities - Regulated Gas 2.566e+00 2.382e+00 1.077 0.28140
c(Industry)Utilities - Regulated Water 1.899e+00 2.995e+00 0.634 0.52612
c(Industry)Utilities - Renewable 6.872e+00 5.394e+00 1.274 0.20271
c(Industry)Waste Management 2.006e+00 2.320e+00 0.865 0.38729
Day_of_EarningsCall -8.587e-04 3.605e-04 -2.382 0.01724 *
Covid_Exposure -2.676e-01 1.142e-01 -2.343 0.01914 *
Covid_Pos_Sentiment 2.904e+00 2.720e+00 1.068 0.28568
c(Industry)Aerospace & Defense:Covid_Pos_Sentiment -5.173e-01 3.314e+00 -0.156 0.87597
c(Industry)Agricultural Inputs:Covid_Pos_Sentiment -3.985e+00 6.674e+00 -0.597 0.55046
c(Industry)Airlines:Covid_Pos_Sentiment -2.469e+00 6.947e+00 -0.355 0.72231
c(Industry)Airports & Air Services:Covid_Pos_Sentiment 1.828e+00 1.121e+01 0.163 0.87055
c(Industry)Aluminum:Covid_Pos_Sentiment -9.641e-01 9.930e+00 -0.097 0.92266
c(Industry)Apparel Manufacturing:Covid_Pos_Sentiment -5.233e+00 3.127e+00 -1.674 0.09423 .
c(Industry)Apparel Retail:Covid_Pos_Sentiment -1.119e+00 3.422e+00 -0.327 0.74374
c(Industry)Asset Management:Covid_Pos_Sentiment -1.654e-01 3.105e+00 -0.053 0.95752
c(Industry)Auto & Truck Dealerships:Covid_Pos_Sentiment -6.171e+00 4.551e+00 -1.356 0.17511
c(Industry)Auto Manufacturers:Covid_Pos_Sentiment -1.360e+00 7.910e+00 -0.172 0.86349
c(Industry)Auto Parts:Covid_Pos_Sentiment -2.496e+00 3.057e+00 -0.816 0.41423
c(Industry)Banks - Diversified:Covid_Pos_Sentiment -9.473e+00 1.568e+01 -0.604 0.54569
c(Industry)Banks - Regional:Covid_Pos_Sentiment -3.122e+00 3.210e+00 -0.972 0.33085
c(Industry)Beverages - Brewers:Covid_Pos_Sentiment 2.390e+00 8.094e+00 0.295 0.76783
c(Industry)Beverages - Non-Alcoholic:Covid_Pos_Sentiment -3.801e+00 3.647e+00 -1.042 0.29737
c(Industry)Beverages - Wineries & Distilleries:Covid_Pos_Sentiment -1.498e+01 2.311e+01 -0.648 0.51682
c(Industry)Biotechnology:Covid_Pos_Sentiment -3.687e+00 2.806e+00 -1.314 0.18888
c(Industry)Broadcasting:Covid_Pos_Sentiment -4.998e+00 4.975e+00 -1.005 0.31512
c(Industry)Building Materials:Covid_Pos_Sentiment -9.878e+00 9.545e+00 -1.035 0.30075
c(Industry)Building Products & Equipment:Covid_Pos_Sentiment 9.695e-01 3.795e+00 0.255 0.79838
c(Industry)Business Equipment & Supplies:Covid_Pos_Sentiment 1.220e+01 1.318e+01 0.926 0.35462
c(Industry)Capital Markets:Covid_Pos_Sentiment -4.598e+00 6.935e+00 -0.663 0.50728
c(Industry)Chemicals:Covid_Pos_Sentiment -9.702e-01 4.796e+00 -0.202 0.83969
c(Industry)Coking Coal:Covid_Pos_Sentiment -1.171e+01 1.230e+01 -0.951 0.34139
c(Industry)Communication Equipment:Covid_Pos_Sentiment -4.752e-01 3.589e+00 -0.132 0.89466
c(Industry)Computer Hardware:Covid_Pos_Sentiment -1.809e+00 3.650e+00 -0.496 0.62019
c(Industry)Confectioners:Covid_Pos_Sentiment -1.115e-01 5.714e+00 -0.020 0.98443
c(Industry)Conglomerates:Covid_Pos_Sentiment -1.953e-01 3.862e+00 -0.051 0.95966
c(Industry)Consulting Services:Covid_Pos_Sentiment -6.639e+00 4.644e+00 -1.430 0.15281
c(Industry)Consumer Electronics:Covid_Pos_Sentiment 1.296e+01 6.492e+00 1.996 0.04591 *
c(Industry)Copper:Covid_Pos_Sentiment -2.431e+00 1.419e+01 -0.171 0.86394
c(Industry)Credit Services:Covid_Pos_Sentiment 1.689e-02 4.227e+00 0.004 0.99681
c(Industry)Department Stores:Covid_Pos_Sentiment -2.429e+01 9.047e+00 -2.685 0.00726 **
c(Industry)Diagnostics & Research:Covid_Pos_Sentiment -2.022e+00 2.893e+00 -0.699 0.48459
c(Industry)Discount Stores:Covid_Pos_Sentiment -7.248e+00 6.964e+00 -1.041 0.29797
c(Industry)Drug Manufacturers - General:Covid_Pos_Sentiment -2.682e+00 3.394e+00 -0.790 0.42947
c(Industry)Drug Manufacturers - Specialty & Generic:Covid_Pos_Sentiment -3.193e+00 2.868e+00 -1.113 0.26558
c(Industry)Education & Training Services:Covid_Pos_Sentiment -1.651e+00 4.556e+00 -0.362 0.71714
c(Industry)Electrical Equipment & Parts:Covid_Pos_Sentiment -1.741e+00 3.620e+00 -0.481 0.63049
c(Industry)Electronic Components:Covid_Pos_Sentiment -3.835e+00 3.217e+00 -1.192 0.23320
c(Industry)Electronic Gaming & Multimedia:Covid_Pos_Sentiment -3.064e+00 2.712e+01 -0.113 0.91005
c(Industry)Electronics & Computer Distribution:Covid_Pos_Sentiment 4.154e+00 6.308e+00 0.659 0.51021
c(Industry)Engineering & Construction:Covid_Pos_Sentiment -3.785e+00 3.436e+00 -1.102 0.27067
c(Industry)Entertainment:Covid_Pos_Sentiment -1.507e+00 3.601e+00 -0.419 0.67559
c(Industry)Farm & Heavy Construction Machinery:Covid_Pos_Sentiment -3.461e+00 3.725e+00 -0.929 0.35280
c(Industry)Farm Products:Covid_Pos_Sentiment 2.053e+00 4.752e+00 0.432 0.66573
c(Industry)Financial Conglomerates:Covid_Pos_Sentiment 1.485e+00 6.230e+00 0.238 0.81166
c(Industry)Financial Data & Stock Exchanges:Covid_Pos_Sentiment 2.914e+00 8.121e+00 0.359 0.71976
c(Industry)Food Distribution:Covid_Pos_Sentiment -5.303e-01 5.132e+00 -0.103 0.91770
c(Industry)Footwear & Accessories:Covid_Pos_Sentiment 3.608e+00 4.028e+00 0.896 0.37035
c(Industry)Furnishings, Fixtures & Appliances:Covid_Pos_Sentiment 2.511e-01 3.785e+00 0.066 0.94710
c(Industry)Gambling:Covid_Pos_Sentiment 1.253e+00 4.844e+00 0.259 0.79591
c(Industry)Gold:Covid_Pos_Sentiment -1.504e+00 6.518e+00 -0.231 0.81747
c(Industry)Grocery Stores:Covid_Pos_Sentiment -4.549e+00 6.125e+00 -0.743 0.45765
[ reached getOption("max.print") -- omitted 88 rows ]
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 10.19 on 12709 degrees of freedom
(3443 observations deleted due to missingness)
Multiple R-squared: 0.02585, Adjusted R-squared: 0.003847
F-statistic: 1.175 on 287 and 12709 DF, p-value: 0.02352
lm(Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) + Day_of_EarningsCall + Covid_Neg_Sentiment + Covid_Neg_Sentiment:c(Industry), data=Closing_Share_Price_Across_Time) |>
summary()
Call:
lm(formula = Percent_Change_bt_DayBefore_y_DayAfter ~ c(Industry) +
Day_of_EarningsCall + Covid_Neg_Sentiment + Covid_Neg_Sentiment:c(Industry),
data = Closing_Share_Price_Across_Time)
Residuals:
Min 1Q Median 3Q Max
-100.721 -4.741 -0.311 4.420 252.121
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 1.584e+01 6.811e+00 2.326 0.02006 *
c(Industry)Aerospace & Defense 5.904e-01 1.943e+00 0.304 0.76121
c(Industry)Agricultural Inputs 3.751e+00 3.051e+00 1.229 0.21896
c(Industry)Airlines 2.168e+00 2.402e+00 0.903 0.36669
c(Industry)Airports & Air Services -2.914e+00 7.579e+00 -0.385 0.70058
c(Industry)Aluminum -8.627e-01 4.287e+00 -0.201 0.84052
c(Industry)Apparel Manufacturing 2.868e+00 2.133e+00 1.345 0.17876
c(Industry)Apparel Retail 1.597e+00 2.030e+00 0.787 0.43150
c(Industry)Asset Management 3.201e+00 1.784e+00 1.794 0.07281 .
c(Industry)Auto & Truck Dealerships 2.025e+00 2.219e+00 0.913 0.36145
c(Industry)Auto Manufacturers -1.006e+00 3.597e+00 -0.280 0.77978
c(Industry)Auto Parts 3.128e+00 1.880e+00 1.664 0.09610 .
c(Industry)Banks - Diversified 5.973e-02 3.628e+00 0.016 0.98686
c(Industry)Banks - Regional 2.643e+00 1.706e+00 1.549 0.12138
c(Industry)Beverages - Brewers 3.730e+00 4.116e+00 0.906 0.36482
c(Industry)Beverages - Non-Alcoholic -4.320e-01 2.733e+00 -0.158 0.87442
c(Industry)Beverages - Wineries & Distilleries 1.088e-01 6.089e+00 0.018 0.98574
c(Industry)Biotechnology 1.402e+00 1.678e+00 0.836 0.40339
c(Industry)Broadcasting 6.245e+00 2.269e+00 2.753 0.00592 **
c(Industry)Building Materials 2.856e+00 3.375e+00 0.846 0.39743
c(Industry)Building Products & Equipment 1.352e+00 2.010e+00 0.673 0.50098
c(Industry)Business Equipment & Supplies -3.979e+00 6.050e+00 -0.658 0.51080
c(Industry)Capital Markets 2.558e+00 2.497e+00 1.024 0.30565
c(Industry)Chemicals 3.781e+00 2.492e+00 1.517 0.12919
c(Industry)Coking Coal 4.245e+00 3.268e+00 1.299 0.19393
c(Industry)Communication Equipment 8.553e-01 1.899e+00 0.450 0.65238
c(Industry)Computer Hardware 1.471e+00 2.110e+00 0.697 0.48592
c(Industry)Confectioners 1.148e+00 5.383e+00 0.213 0.83109
c(Industry)Conglomerates 2.141e-01 2.344e+00 0.091 0.92723
c(Industry)Consulting Services 4.035e+00 2.495e+00 1.617 0.10582
c(Industry)Consumer Electronics 2.093e+00 3.210e+00 0.652 0.51441
c(Industry)Copper 4.443e-02 5.186e+00 0.009 0.99316
c(Industry)Credit Services 5.032e+00 2.090e+00 2.407 0.01608 *
c(Industry)Department Stores 2.163e+00 3.372e+00 0.641 0.52122
c(Industry)Diagnostics & Research 1.208e+00 1.855e+00 0.651 0.51506
c(Industry)Discount Stores 5.348e+00 2.400e+00 2.229 0.02585 *
c(Industry)Drug Manufacturers - General 5.277e-01 2.426e+00 0.218 0.82782
c(Industry)Drug Manufacturers - Specialty & Generic 2.354e-01 1.875e+00 0.126 0.90013
c(Industry)Education & Training Services 2.729e+00 2.314e+00 1.179 0.23826
c(Industry)Electrical Equipment & Parts -4.955e-01 2.225e+00 -0.223 0.82376
c(Industry)Electronic Components 2.769e+00 1.981e+00 1.398 0.16211
c(Industry)Electronic Gaming & Multimedia 8.860e+00 5.198e+00 1.704 0.08834 .
c(Industry)Electronics & Computer Distribution 4.336e+00 2.897e+00 1.497 0.13441
c(Industry)Engineering & Construction 1.397e+00 1.980e+00 0.705 0.48054
c(Industry)Entertainment 1.653e+00 2.005e+00 0.824 0.40976
c(Industry)Farm & Heavy Construction Machinery 1.583e+00 2.155e+00 0.735 0.46248
c(Industry)Farm Products -2.468e+00 2.543e+00 -0.971 0.33179
c(Industry)Financial Conglomerates 4.010e+00 4.834e+00 0.829 0.40685
c(Industry)Financial Data & Stock Exchanges -2.439e-01 2.552e+00 -0.096 0.92387
c(Industry)Food Distribution -8.861e-02 2.690e+00 -0.033 0.97372
c(Industry)Footwear & Accessories -1.714e+00 2.458e+00 -0.697 0.48557
c(Industry)Furnishings, Fixtures & Appliances -2.953e-01 2.169e+00 -0.136 0.89169
c(Industry)Gambling 5.636e+00 2.888e+00 1.951 0.05102 .
c(Industry)Gold 3.807e+00 3.424e+00 1.112 0.26620
c(Industry)Grocery Stores -2.614e+00 3.076e+00 -0.850 0.39551
c(Industry)Health Information Services -9.769e-01 1.998e+00 -0.489 0.62483
c(Industry)Healthcare Plans 1.277e+00 2.910e+00 0.439 0.66080
c(Industry)Home Improvement Retail 2.540e+00 2.856e+00 0.889 0.37392
c(Industry)Household & Personal Products 2.408e+00 2.222e+00 1.083 0.27861
c(Industry)Industrial Distribution 1.192e+00 2.199e+00 0.542 0.58791
c(Industry)Information Technology Services 2.502e+00 1.934e+00 1.293 0.19595
c(Industry)Infrastructure Operations 2.210e+00 9.891e+00 0.223 0.82322
c(Industry)Insurance - Diversified 5.031e+00 3.483e+00 1.445 0.14855
c(Industry)Insurance - Life 1.075e+00 2.612e+00 0.412 0.68070
c(Industry)Insurance - Property & Casualty 1.963e+00 1.976e+00 0.993 0.32057
c(Industry)Insurance - Reinsurance -1.198e+01 1.378e+01 -0.869 0.38459
c(Industry)Insurance - Specialty 8.473e-01 2.423e+00 0.350 0.72659
c(Industry)Insurance Brokers -4.374e+00 2.669e+00 -1.639 0.10133
c(Industry)Integrated Freight & Logistics 3.707e+00 2.282e+00 1.624 0.10431
c(Industry)Internet Content & Information 3.329e+00 2.171e+00 1.534 0.12514
c(Industry)Internet Retail 1.418e+00 2.378e+00 0.596 0.55104
c(Industry)Leisure 2.729e+00 2.403e+00 1.136 0.25597
c(Industry)Lodging -8.790e-02 2.894e+00 -0.030 0.97577
c(Industry)Lumber & Wood Production 4.971e+00 4.149e+00 1.198 0.23090
c(Industry)Luxury Goods 3.068e+00 3.787e+00 0.810 0.41786
c(Industry)Marine Shipping 1.184e+00 3.534e+00 0.335 0.73768
c(Industry)Medical Care Facilities 1.910e+00 1.944e+00 0.982 0.32595
c(Industry)Medical Devices 1.164e+00 1.719e+00 0.677 0.49841
c(Industry)Medical Distribution 3.712e-01 2.652e+00 0.140 0.88870
c(Industry)Medical Instruments & Supplies 1.967e+00 1.893e+00 1.039 0.29874
c(Industry)Metal Fabrication 6.162e-01 2.502e+00 0.246 0.80543
c(Industry)Mortgage Finance 2.014e+00 2.983e+00 0.675 0.49960
c(Industry)Oil & Gas Drilling 2.469e+00 5.436e+00 0.454 0.64962
c(Industry)Oil & Gas E&P 2.730e+00 2.129e+00 1.282 0.19980
c(Industry)Oil & Gas Equipment & Services 6.462e-01 1.920e+00 0.337 0.73648
c(Industry)Oil & Gas Integrated 2.185e+00 3.728e+00 0.586 0.55789
c(Industry)Oil & Gas Midstream 1.524e+00 2.225e+00 0.685 0.49331
c(Industry)Oil & Gas Refining & Marketing 2.234e+00 2.394e+00 0.933 0.35074
c(Industry)Other Industrial Metals & Mining -3.340e+00 5.245e+00 -0.637 0.52430
c(Industry)Other Precious Metals & Mining 6.484e+00 5.867e+00 1.105 0.26910
c(Industry)Packaged Foods 1.923e+00 1.891e+00 1.017 0.30910
c(Industry)Packaging & Containers 2.367e+00 2.178e+00 1.087 0.27709
c(Industry)Paper & Paper Products -6.937e+00 1.267e+01 -0.547 0.58418
c(Industry)Personal Services 4.674e-01 2.697e+00 0.173 0.86244
c(Industry)Pharmaceutical Retailers -2.459e+00 4.631e+00 -0.531 0.59542
c(Industry)Pollution & Treatment Controls 2.419e+00 3.213e+00 0.753 0.45144
c(Industry)Publishing 2.489e+00 2.967e+00 0.839 0.40159
c(Industry)Railroads 2.911e+00 2.740e+00 1.063 0.28799
c(Industry)Real Estate - Development 3.268e+00 4.929e+00 0.663 0.50732
c(Industry)Real Estate - Diversified 6.131e-01 7.218e+00 0.085 0.93231
c(Industry)Real Estate Services 3.202e+00 2.202e+00 1.455 0.14583
c(Industry)Recreational Vehicles -7.252e-01 2.691e+00 -0.269 0.78758
c(Industry)REIT - Diversified 4.329e-01 2.540e+00 0.170 0.86466
c(Industry)REIT - Healthcare Facilities 7.379e-01 2.644e+00 0.279 0.78016
c(Industry)REIT - Hotel & Motel 2.508e+00 2.202e+00 1.139 0.25479
c(Industry)REIT - Industrial 4.118e-01 2.561e+00 0.161 0.87226
c(Industry)REIT - Mortgage 1.262e+00 1.895e+00 0.666 0.50545
c(Industry)REIT - Office 1.777e+00 2.280e+00 0.779 0.43599
c(Industry)REIT - Residential 1.554e+00 2.333e+00 0.666 0.50533
c(Industry)REIT - Retail 2.348e+00 2.181e+00 1.077 0.28167
c(Industry)REIT - Specialty 1.438e+00 2.231e+00 0.645 0.51918
c(Industry)Rental & Leasing Services 1.733e+00 2.304e+00 0.752 0.45195
c(Industry)Residential Construction 2.848e+00 2.189e+00 1.301 0.19343
c(Industry)Resorts & Casinos 2.011e+00 2.283e+00 0.881 0.37836
c(Industry)Restaurants 3.821e+00 1.948e+00 1.961 0.04989 *
c(Industry)Scientific & Technical Instruments 7.162e-01 2.104e+00 0.340 0.73356
c(Industry)Security & Protection Services -2.697e+00 2.567e+00 -1.050 0.29356
c(Industry)Semiconductor Equipment & Materials 1.117e+00 2.037e+00 0.548 0.58350
c(Industry)Semiconductors 5.336e+00 1.920e+00 2.779 0.00546 **
c(Industry)Software - Application 4.468e-01 1.691e+00 0.264 0.79168
c(Industry)Software - Infrastructure 1.656e+00 1.760e+00 0.941 0.34687
c(Industry)Solar -3.202e-01 3.639e+00 -0.088 0.92990
c(Industry)Specialty Business Services 7.699e-01 2.158e+00 0.357 0.72131
c(Industry)Specialty Chemicals 9.875e-01 1.889e+00 0.523 0.60124
c(Industry)Specialty Industrial Machinery 1.395e+00 1.819e+00 0.767 0.44330
c(Industry)Specialty Retail 3.008e+00 1.943e+00 1.548 0.12169
c(Industry)Staffing & Employment Services 4.114e+00 2.280e+00 1.804 0.07120 .
c(Industry)Steel 3.270e+00 2.636e+00 1.241 0.21470
c(Industry)Telecom Services 1.828e+00 2.135e+00 0.856 0.39206
c(Industry)Textile Manufacturing -2.138e-02 3.065e+00 -0.007 0.99443
c(Industry)Thermal Coal 1.931e+00 2.979e+00 0.648 0.51692
c(Industry)Tobacco 3.176e+00 2.781e+00 1.142 0.25348
c(Industry)Tools & Accessories 5.988e-03 2.429e+00 0.002 0.99803
c(Industry)Travel Services 2.417e+00 2.481e+00 0.974 0.32993
c(Industry)Trucking 4.988e+00 3.151e+00 1.583 0.11341
c(Industry)Uranium -9.006e+00 6.677e+00 -1.349 0.17743
c(Industry)Utilities - Diversified 2.283e+00 3.095e+00 0.738 0.46080
c(Industry)Utilities - Independent Power Producers 4.964e+00 5.668e+00 0.876 0.38120
c(Industry)Utilities - Regulated Electric 1.191e+00 1.974e+00 0.603 0.54626
c(Industry)Utilities - Regulated Gas 2.830e+00 2.744e+00 1.031 0.30243
c(Industry)Utilities - Regulated Water 2.716e+00 3.379e+00 0.804 0.42164
c(Industry)Utilities - Renewable 4.044e+00 5.596e+00 0.723 0.46986
c(Industry)Waste Management 1.013e+00 2.671e+00 0.379 0.70453
Day_of_EarningsCall -9.129e-04 3.532e-04 -2.585 0.00975 **
Covid_Neg_Sentiment 7.524e-01 2.251e+00 0.334 0.73821
c(Industry)Aerospace & Defense:Covid_Neg_Sentiment -6.382e-01 2.672e+00 -0.239 0.81122
c(Industry)Agricultural Inputs:Covid_Neg_Sentiment -5.291e+00 5.588e+00 -0.947 0.34375
c(Industry)Airlines:Covid_Neg_Sentiment -5.636e+00 4.768e+00 -1.182 0.23718
c(Industry)Airports & Air Services:Covid_Neg_Sentiment -2.215e+00 7.921e+00 -0.280 0.77974
c(Industry)Aluminum:Covid_Neg_Sentiment -1.368e+00 4.363e+00 -0.314 0.75385
c(Industry)Apparel Manufacturing:Covid_Neg_Sentiment -2.859e+00 2.730e+00 -1.047 0.29501
c(Industry)Apparel Retail:Covid_Neg_Sentiment 3.115e+00 2.986e+00 1.043 0.29688
c(Industry)Asset Management:Covid_Neg_Sentiment -1.934e+00 2.525e+00 -0.766 0.44362
c(Industry)Auto & Truck Dealerships:Covid_Neg_Sentiment 2.517e+00 3.386e+00 0.743 0.45728
c(Industry)Auto Manufacturers:Covid_Neg_Sentiment 1.675e+00 8.537e+00 0.196 0.84442
c(Industry)Auto Parts:Covid_Neg_Sentiment -1.186e+00 2.364e+00 -0.502 0.61580
c(Industry)Banks - Diversified:Covid_Neg_Sentiment -5.496e+00 1.074e+01 -0.512 0.60883
c(Industry)Banks - Regional:Covid_Neg_Sentiment -1.324e+00 2.473e+00 -0.535 0.59243
c(Industry)Beverages - Brewers:Covid_Neg_Sentiment -4.616e+00 5.653e+00 -0.817 0.41421
c(Industry)Beverages - Non-Alcoholic:Covid_Neg_Sentiment -1.531e+00 3.158e+00 -0.485 0.62785
c(Industry)Beverages - Wineries & Distilleries:Covid_Neg_Sentiment -7.245e+00 1.202e+01 -0.603 0.54681
c(Industry)Biotechnology:Covid_Neg_Sentiment -2.090e+00 2.335e+00 -0.895 0.37088
c(Industry)Broadcasting:Covid_Neg_Sentiment -6.462e+00 3.164e+00 -2.042 0.04113 *
c(Industry)Building Materials:Covid_Neg_Sentiment -3.432e+00 6.442e+00 -0.533 0.59427
c(Industry)Building Products & Equipment:Covid_Neg_Sentiment 7.864e-01 2.944e+00 0.267 0.78941
c(Industry)Business Equipment & Supplies:Covid_Neg_Sentiment 1.847e+00 8.038e+00 0.230 0.81830
c(Industry)Capital Markets:Covid_Neg_Sentiment -5.240e+00 4.870e+00 -1.076 0.28197
c(Industry)Chemicals:Covid_Neg_Sentiment -2.603e+00 2.680e+00 -0.971 0.33141
c(Industry)Coking Coal:Covid_Neg_Sentiment -5.735e+00 4.774e+00 -1.201 0.22962
c(Industry)Communication Equipment:Covid_Neg_Sentiment -1.148e+00 2.614e+00 -0.439 0.66046
c(Industry)Computer Hardware:Covid_Neg_Sentiment 1.397e+00 2.794e+00 0.500 0.61721
c(Industry)Confectioners:Covid_Neg_Sentiment 3.454e-01 6.230e+00 0.055 0.95579
c(Industry)Conglomerates:Covid_Neg_Sentiment 1.365e+00 3.237e+00 0.422 0.67328
c(Industry)Consulting Services:Covid_Neg_Sentiment -3.809e+00 3.413e+00 -1.116 0.26451
c(Industry)Consumer Electronics:Covid_Neg_Sentiment -5.897e+00 4.681e+00 -1.260 0.20772
c(Industry)Copper:Covid_Neg_Sentiment 7.855e-02 8.673e+00 0.009 0.99277
c(Industry)Credit Services:Covid_Neg_Sentiment -3.640e-01 3.039e+00 -0.120 0.90468
c(Industry)Department Stores:Covid_Neg_Sentiment -9.743e+00 7.018e+00 -1.388 0.16508
c(Industry)Diagnostics & Research:Covid_Neg_Sentiment -8.196e-01 2.465e+00 -0.332 0.73952
c(Industry)Discount Stores:Covid_Neg_Sentiment -2.270e+01 4.727e+00 -4.802 1.59e-06 ***
c(Industry)Drug Manufacturers - General:Covid_Neg_Sentiment -3.291e-01 2.809e+00 -0.117 0.90675
c(Industry)Drug Manufacturers - Specialty & Generic:Covid_Neg_Sentiment -7.237e-01 2.445e+00 -0.296 0.76724
c(Industry)Education & Training Services:Covid_Neg_Sentiment -7.355e-01 3.170e+00 -0.232 0.81651
c(Industry)Electrical Equipment & Parts:Covid_Neg_Sentiment -2.127e+00 2.843e+00 -0.748 0.45437
c(Industry)Electronic Components:Covid_Neg_Sentiment -1.610e+00 2.501e+00 -0.644 0.51962
c(Industry)Electronic Gaming & Multimedia:Covid_Neg_Sentiment -1.542e+01 2.476e+01 -0.623 0.53352
c(Industry)Electronics & Computer Distribution:Covid_Neg_Sentiment -3.209e+00 3.847e+00 -0.834 0.40420
c(Industry)Engineering & Construction:Covid_Neg_Sentiment -2.393e-02 2.692e+00 -0.009 0.99291
c(Industry)Entertainment:Covid_Neg_Sentiment -5.069e-01 2.493e+00 -0.203 0.83891
c(Industry)Farm & Heavy Construction Machinery:Covid_Neg_Sentiment -7.234e-01 2.785e+00 -0.260 0.79509
c(Industry)Farm Products:Covid_Neg_Sentiment 1.246e+00 3.333e+00 0.374 0.70854
c(Industry)Financial Conglomerates:Covid_Neg_Sentiment -2.813e+00 6.891e+00 -0.408 0.68309
c(Industry)Financial Data & Stock Exchanges:Covid_Neg_Sentiment 2.263e+00 5.449e+00 0.415 0.67790
c(Industry)Food Distribution:Covid_Neg_Sentiment 1.139e+00 4.422e+00 0.258 0.79678
c(Industry)Footwear & Accessories:Covid_Neg_Sentiment 5.121e+00 3.578e+00 1.431 0.15244
c(Industry)Furnishings, Fixtures & Appliances:Covid_Neg_Sentiment 1.282e+00 2.805e+00 0.457 0.64769
c(Industry)Gambling:Covid_Neg_Sentiment -4.369e+00 5.249e+00 -0.832 0.40523
c(Industry)Gold:Covid_Neg_Sentiment -5.829e+00 5.951e+00 -0.979 0.32736
c(Industry)Grocery Stores:Covid_Neg_Sentiment 1.346e+01 5.682e+00 2.370 0.01782 *
c(Industry)Health Information Services:Covid_Neg_Sentiment 6.729e-01 2.813e+00 0.239 0.81094
[ reached getOption("max.print") -- omitted 87 rows ]
---
Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1
Residual standard error: 10.18 on 12710 degrees of freedom
(3443 observations deleted due to missingness)
Multiple R-squared: 0.02667, Adjusted R-squared: 0.004772
F-statistic: 1.218 on 286 and 12710 DF, p-value: 0.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